National Retailer Saves $2.5 Million+ Through Strategic Energy Procurement

The opportunity

Saks Fifth Avenue sought to reduce energy costs by strengthening its understanding of deregulated energy markets across its national footprint.

While energy management was centralized within the national upscale department store chain, the organization lacked the local market expertise needed to fully navigate deregulated electricity and natural gas markets across the country.

Saks engaged Tradition Energy to provide market-specific guidance and greater visibility into available energy options. Tradition helped the retailer understand how different procurement strategies and services could be applied across individual markets to reduce costs, manage risk, and improve energy decision-making.

Tradition reviewed the retailer’s energy portfolio across multiple markets to understand existing purchasing practices, pricing exposure, and available procurement opportunities.

The analysis identified areas where Saks could benefit from a stronger understanding of local deregulated markets. Tradition evaluated available solutions to determine which strategies best aligned with the retailer’s cost and operational objectives.

Tradition educated Saks on procurement and energy management options available across several states, giving the organization the market intelligence needed to make more informed decisions. The review also identified opportunities to generate revenue through participation in Demand Response programs.

The Result:
$2.5 Million+ Savings & New Revenue

Energy Savings

Tradition’s market expertise and procurement guidance helped Saks save more than $2.5 million in energy costs over a three-year period.

New Revenue Opportunities

Tradition identified additional revenue opportunities through Demand Response programs, enabling Saks to capitalize on its energy flexibility while supporting grid reliability.

Multi-State Demand Response

Demand Response opportunities were implemented across New York, Illinois, and Maryland, expanding the financial value of Saks’ energy strategy beyond traditional cost savings.

Client Testimonials

Both advisors we work with have done a fabulous job supporting and managing our multiple locations. They have also invested considerable time sharing knowledge and insight of the industry, providing supplier options, made recommendations, and assisted with contract negotiations. They have set the standard!

Procurement Manager,
National Automotive Retail Supplier

Tradition Energy is a procurement advisor that I can recommend to other energy managers. I appreciate the friendliness and willingness to provide what is needed for procurement.”

Energy Manager,
Retail Chain

We have really enjoyed working with our Energy Advisor as he has done an excellent job in providing real time market conditions and guiding us in procuring energy at a much better rate than what we had. He stays in touch and we talk frequently. I enjoy working with vendors who act more like a partner and less than a simple provider.

Director,
Auto Parts Distributor

My Energy Advisor has taken the time to educate me over the years which helps in our analysis.

CFO,
Automobile Company

Tradition Energy took the guess work out of my decision by providing me with multiple quotes. They analyzed my utility usage and watched the market and advised me when they thought it was the right time to buy. We hit the market perfectly.

Facility Director,
Auto Dealership

In an industry where rapid change is common, it’s indispensable to have a partner such as Tradition Energy to help me make the right decisions at the right time. They know the energy industry inside and out, and this expertise allows me to make educated and precise decisions without worrying about market forces.

Manager, Energy Utilities & Profit Improvement,
Global Retail Chain

Both advisors we work with have done a fabulous job supporting and managing our multiple locations. They have also invested considerable time sharing knowledge and insight of the industry, providing supplier options, made recommendations, and assisted with contract negotiations. They have set the standard!

Procurement Manager,
National Automotive Retail Supplier

Tradition Energy is a procurement advisor that I can recommend to other energy managers. I appreciate the friendliness and willingness to provide what is needed for procurement.”

Energy Manager,
Retail Chain

We have really enjoyed working with our Energy Advisor as he has done an excellent job in providing real time market conditions and guiding us in procuring energy at a much better rate than what we had. He stays in touch and we talk frequently. I enjoy working with vendors who act more like a partner and less than a simple provider.

Director,
Auto Parts Distributor

My Energy Advisor has taken the time to educate me over the years which helps in our analysis.

CFO,
Automobile Company

Tradition Energy took the guess work out of my decision by providing me with multiple quotes. They analyzed my utility usage and watched the market and advised me when they thought it was the right time to buy. We hit the market perfectly.

Facility Director,
Auto Dealership

In an industry where rapid change is common, it’s indispensable to have a partner such as Tradition Energy to help me make the right decisions at the right time. They know the energy industry inside and out, and this expertise allows me to make educated and precise decisions without worrying about market forces.

Manager, Energy Utilities & Profit Improvement,
Global Retail Chain

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National Retailer Saves $2.5 Million+ Through Strategic Energy Procurement

The opportunity

Saks Fifth Avenue sought to reduce energy costs by strengthening its understanding of deregulated energy markets across its national footprint.

Analysis

The Result:
$2.5 Million+ Savings & New Revenue

Energy Savings

New Revenue Opportunities

Multi-State Demand Response

Client Testimonials

The Scale and Experience Behind Every Recommendation

Case Studies

Proven Results in Retail

National Automotive Retailer Achieves $1.6 Million+ in Electricity Savings

Global Retailer Reduces Energy Costs by Approximately 45%