1. Market Data
August 29, 2016

Saks Fifth Avenue OFF 5TH to open three outlets

Fashion retailer Saks Fifth Avenue OFF 5TH plans to open three stores in the upcoming months.

Fashion retailer Saks Fifth Avenue OFF 5TH plans to open three stores in the upcoming months.

The company plans to open an outlet in Ross Township, Pittsburgh, Pennsylvania, US, on 13 October.  The 36,000ft², two-level store will be located at The Block Northway.

"These outlets will also offer up to 60% off on apparel."

The stores to open on 1 September will be located in Edmonton and Calgary, Canada.  The former will have a retail space of 31,900ft² and will be located at South Edmonton Common, while the latter will be situated at CrossIron Mills.

The 30,000ft² Calgary store will be the first Saks Fifth Avenue OFF 5TH  outlet in the area, and one of two locations in Alberta.

All three stores will stock luxury wear for men, women, children from more than 800 brands. 

These outlets will also offer up to 60% off on apparel.