Dive Summary:
- Saks Inc. is planning to expand its brick-and-mortar footprint with the opening of seven new Saks Fifth Avenue Off 5th stores in 2014. Saks currently operates 70 of the stores in the U.S.
- “The seven new stores are located in key communities and will be important additions to the company. We are excited to serve the customers of these communities with premium designer brands at an extraordinary value.” said Robert Wallstrom, President of Saks Fifth Avenue Off 5th.
- Saks Fifth Avenue Off 5th store layouts emphasize a “luxury-in-a-loft” store design and will range between 25,000 sq. ft. to 28,000 sq. ft. of retail space. The design debuted in 2008.
From the article:
Saks Inc. plans to open seven new Saks Fifth Avenue Off 5th stores in 2014: The Outlets at Bloomfield in Pearl, Miss.; Potomac Mills in Woodbridge, Va.; Palm Beach Outlets in West Palm Beach, Fla; Outlet Shoppes at Louisville/Lexington, Ky.; Twin Cities of Eagan in Minneapolis, Minn.; The Mayfair Collection in Mayfair, Wis.; and Easton Gateway in Columbus, Ohio.
