Saks OFF 5TH

Saks OFF 5TH is a prominent off-price department store chain that offers luxury fashion at accessible prices. Established in 1990 as Saks Fifth Avenue OFF 5TH, the brand has grown to operate approximately 100 stores across the United States and Canada. It provides a diverse selection of high-end designer clothing, footwear, handbags, accessories, and home goods.

The company sources products from over 800 premium brands, including women's, men's, and children's apparel, as well as home furnishings. Customers can find discounts of up to 70% off regular prices, making luxury fashion more accessible to a broader audience.

In 2021, Saks OFF 5TH partnered with Insight Partners to establish its e-commerce business as a standalone entity. This enhanced the company's digital presence and customer experience. The move reflects a commitment to adapting to the evolving retail landscape and meeting the needs of modern shoppers.

Locations and Store Presence

As of 2023, Saks OFF 5TH operates 98 off-price department stores across 22 U.S. states, including:

• Arizona
• California
• Connecticut
• Florida
• Georgia
• Hawaii
• Illinois
• Massachusetts
• Maryland
• Michigan
• Minnesota
• North Carolina
• New Hampshire
• New Jersey
• Nevada
• New York
• Ohio
• Oregon
• Pennsylvania
• South Carolina
• Texas
• Virginia
• Washington, D.C.

In Canada, the company has locations in Alberta, British Columbia, Manitoba, and Ontario. Additionally, Saks OFF 5TH has a key location in Chicago, IL, USA.

Corporate Structure

In 2024, Saks Global Enterprises LLC was established as a holding company for Saks OFF 5TH, along with other luxury retailers such as Saks Fifth Avenue and Neiman Marcus.

This strategic move aims to strengthen the brand's position in the luxury retail market and enhance its operational efficiency.

Reputation and Market Position

Saks OFF 5TH's dedication to offering high-quality fashion at discounted prices has solidified its reputation as a leading off-price retailer. It caters to fashion-conscious consumers seeking luxury items without the premium price tag.