challenge: What was the outcome of Saks, Inc.'s acquisition of mid-range and specialty department store chains in the 1990s?
  
  A. They successfully transitioned to a discount retailer
  B. They refocused on upscale retailing and divested of them in the mid-2000s
  C. They merged with a rival company to form a new entity
  D. They expanded their market share in the mid-range retail segment
  Answer: 