US-based specialty retailer Saks Fifth Avenue OFF 5TH is set to open a new store at the Marketplace at Braintree, Massachusetts.

The 33,000ft² store will open on 10 November and will stock more than 800 brands, including a vast selection of luxury designer fashion at prices up to 70% off.

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"We are excited to open in Braintree just in time for the holiday season."

Saks OFF 5TH and Gilt's president Jonathan Greller said: “We are excited to open in Braintree just in time for the holiday season.”

The new store will feature an open, modern layout with playful graphic elements to provide an easy-to-shop environment.

Upon opening, the first 50 shoppers to arrive each day from 10 November to 13 November will be given a sweet treat, which may contain a golden ticket.

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Customers can exchange the golden ticket for a $100 Saks OFF 5TH gift card.

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Saks OFF 5TH is the subsidiary of Saks and it owns approximately 110 stores.