Arnold Aronson, a retailing executive best known for reviving the financial fortunes of Saks Fifth Avenue in the early 1980s, in part by appealing to a younger clientele, died on Tuesday January 28 2020 at his home in Manhattan. He was 85.
Mr. Aronson has been a director of the Company since November 2001. He has been a Managing Director, Retail Strategies at Kurt Salmon Associates, a global management consulting firm specializing in services to retail and consumer products companies, since 1997. In his career, Mr. Aronson served as Chairman and Chief Executive Officer of Saks Fifth Avenue, Inc., Batus Retail Group, the then parent entity of Saks Fifth Avenue, Marshall Fields, Kohls and others, and then of Woodward & Lothrop/John Wanamaker. Mr. Aronson currently serves as Vice Chairman of the Board of Trustees of The New School University and as Chairman of the Board of Governors of its Eugene Lang College and is a member of the Board of Governors of its Parsons School of Design.
In addition to his wife Sheila Aronson, his survivors include their two sons, Steven and David.more » « less