Home / Knowledge / News / Apparel/Garments / Saks Fifth Avenue OFF 5TH unveils growth plans for 2012
Saks Fifth Avenue OFF 5TH unveils growth plans for 2012
30
Aug '11
Saks Incorporated's Saks Fifth Avenue OFF 5TH announced that it will continue to expand the company's store portfolio with addition of five new stores planned for 2012. This expansion is part of a long term growth opportunity for Saks Fifth Avenue OFF 5TH. The new stores will be located in upscale outlet, lifestyle, or strip centers, and each store will be designed in OFF 5TH's unique "luxury in a loft" format.

"There are numerous opportunities for new OFF 5TH stores throughout the country. We will carefully weigh our options and open in select new markets that we believe have the greatest demand for our distinct merchandise offerings. The further expansion of Saks Fifth Avenue OFF 5TH is an exciting step for us," stated Robert Wallstrom, President of Saks Fifth Avenue OFF 5TH.

Five new stores are slated to open in 2012. The new locations will include outlets in Merrimack, NH, Syracuse, NY, Livermore, CA, Grand Prairie, TX, and Nashville, TN. The Merrimack store will be the first Saks Fifth Avenue OFF 5TH in New Hampshire, and the store in Nashville will be a replacement store for the one lost in the 2010 flood in Tennessee.

"We look forward to being a part of the Nashville community again, and we are delighted to bring our stores to customers in the new markets," noted Wallstrom. The company recently opened new Saks Fifth Avenue OFF 5TH stores in Kansas City, KS and Oklahoma City, OK and plans to open stores in Charleston, SC, Northbrook, IL, and Sugar Land, TX (replacement store) later this year.

The stores will feature an open air loft-like environment and will range from 25,000 to 28,000 square feet. The layout offers maximized efficiency and flexibility, enabling easy change. The space will be bright, uncluttered with no hard aisles. All fixtures will be on casters, ensuring easy movement and all hardware will be interchangeable between fixtures. Since its debut in 2008, this innovative store design has been well received and set a new standard in off price shopping.

An impressive array of the best designer names in sportswear, handbags, shoes and more including an expanded assortment of fine jewelry and a newly launched beauty department will be available at the new stores. Shoppers will have the opportunity to purchase premier products at affordable prices. Each product category will have its own designated area within the store allowing shoppers to easily find what they are looking for.

Saks Fifth Avenue OFF 5TH is the savvy shopper's premier source for value-priced designer clothing and accessories, offering customers an exceptional array of both coveted designer names and unique merchandise under the Saks Fifth Avenue label. Saks Fifth Avenue OFF 5TH places the highest priority on style, selection, and customer service. There are a total of 59Saks Fifth Avenue OFF 5TH stores in 24 states.

Saks Fifth Avenue OFF 5TH


Must ReadView All

Textiles | On 23rd Sep 2017

SIMA urges Centre to re-look duty drawback rates

he Southern India Mills’ Association (SIMA) has appealed to the...

Apparel/Garments | On 22nd Sep 2017

Govt announces new duty drawback rates for garments

The Government of India has today announced the new duty drawback...

Textiles | On 23rd Sep 2017

PKR 690.65-mn budget for Pakistan Cotton Committee

The Pakistan Central Cotton Committee (PCCC) recently approved a PKR...

Interviews View All

Mohammad Mamun Ar Rashid
UL VS Bangladesh Ltd

Productivity, creativity and innovation play a vital role in the growth of ...

Abhishek Ganguly
Puma India

‘As a brand, Puma is always looking for new and innovative ways to inspire ...

Top executives
Textile industry, India

The event should be organised every year

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

September 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
74.5%
No
12.8%
Skip
12.8%

Total Votes: 47

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
61.7%
No
25.5%
Skip
12.8%

Total Votes: 47

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.2%
No
6.4%
Skip
6.4%

Total Votes: 47

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
70.2%
No
10.6%
Skip
19.1%

Total Votes: 47


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search