Saks OFF 5TH, formerly Saks Fifth Avenue Off 5th, is an American

off-price Off-price is a trading format based on Discounts and allowances, discount pricing. Off-price retailers are independent of manufacturers and buy large volumes of branded goods directly from them. The off-price retail model relies on the purchase of ...

department store chain founded in 1990, and a sister brand to the luxury department store chain

Saks Fifth Avenue Saks Fifth Avenue (Colloquialism, colloquially Saks) is an American Luxury goods, luxury department store chain founded in 1867 by Andrew Saks. The first store opened in the F Street and 7th Street shopping districts, F Street shopping distric ...

. Both chains were owned by holding company Saks, Inc., acquired by the Canadian-founded

Hudson's Bay Company The Hudson's Bay Company (HBC), originally the Governor and Company of Adventurers of England Trading Into Hudson’s Bay, is a Canadian holding company of department stores, and the oldest corporation in North America. It was the owner of the ...

in 2013, and spun-off into

Saks Global Saks Global Enterprises LLC is an American holding company of department store A department store is a retail establishment offering a wide range of consumer goods in different areas of the store under one roof, each area ("department") sp ...

in 2024. Saks Off 5th grew throughout the United States before expanding into Canada in 2016. It competes with off-price department stores including Burlington,

Macy's Macy's is an American department store chain founded in 1858 by Rowland Hussey Macy. The first store was located in Manhattan on Sixth Avenue between 13th and 14th Streets, south of the present-day flagship store at Herald Square on West 34 ...

Backstage,

Nordstrom Rack Nordstrom Rack is an American off-price department store chain founded in 1973. It is a sister brand to the luxury department store chain Nordstrom. , Nordstrom Rack operates 348 stores in 41 U.S. states. History In 1973, the company open ...

, Ross Dress for Less, and the

TJX Companies The TJX Companies, Inc. (abbreviated TJX) is an American multinational off-price department store corporation, headquartered in Framingham, Massachusetts. It was formed as a subsidiary of Zayre Corp. in 1987, and became the legal successor t ...

. , Saks Off 5th operates 98

department stores across 22

U.S. states In the United States, a state is a constituent political entity, of which there are 50. Bound together in a political union, each state holds governmental jurisdiction over a separate and defined geographic territory where it shares its so ...

: 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, and Virginia;

Washington, D.C. Washington, D.C., formally the District of Columbia and commonly known as Washington or D.C., is the capital city and federal district of the United States. The city is on the Potomac River, across from Virginia, and shares land borders with ...

; and 4

Canadian Canadians () are people identified with the country of Canada. This connection may be residential, legal, historical or cultural. For most Canadians, many (or all) of these connections exist and are collectively the source of their being ''C ...

provinces:

Alberta Alberta is a Provinces and territories of Canada, province in Canada. It is a part of Western Canada and is one of the three Canadian Prairies, prairie provinces. Alberta is bordered by British Columbia to its west, Saskatchewan to its east, t ...

British Columbia British Columbia is the westernmost Provinces and territories of Canada, province of Canada. Situated in the Pacific Northwest between the Pacific Ocean and the Rocky Mountains, the province has a diverse geography, with rugged landscapes that ...

Manitoba Manitoba is a Provinces and territories of Canada, province of Canada at the Centre of Canada, longitudinal centre of the country. It is Canada's Population of Canada by province and territory, fifth-most populous province, with a population ...

, and

Ontario Ontario is the southernmost Provinces and territories of Canada, province of Canada. Located in Central Canada, Ontario is the Population of Canada by province and territory, country's most populous province. As of the 2021 Canadian census, it ...

History

opened the first Off 5th location in 1990 and originally opened a clearance store. Until 2013,

owned the chain until both Saks Off 5th and Saks Fifth Avenue were purchased by

(HBC), along with HBC's namesake Canadian department stores. Saks Off 5th expanded to Germany and the Netherlands in 2017 with one store in Germany and two in the Netherlands at launch. However the stores in both countries (eight in Germany and two in the Netherlands) were closed in 2019 alongside Hudson's Bay leaving the Netherlands. In February 2020, HBC announced that former Nordstrom Rack executive Paige Thomas was the new president of Saks Off 5th. On March 14, 2025, shortly after the bankruptcy and collapse of Hudson's Bay, it was announced that HBC would be liquidating and shuttering 2 of the 3 Saks Fifth Avenue locations and all 13 Saks Off 5th locations in Canada. Liquidation sales are set to begin as soon as the following week, with locations to be permanently shuttered by June 2025.

Brand identity

File:Saks Fifth Avenue Off 5th Logo 2007.svg , Logo used from 2007–2020 File:Saks Off 5th Logo 2020.svg , Logo used from 2020–2022

Gallery

File:Tsawwassen Mills Saks Off 5th.jpg, Saks Off 5th at Tsawwassen Mills in

Delta, British Columbia Delta is a city in the Lower Mainland region of British Columbia, Canada, and part of Greater Vancouver. Located on the Fraser Lowland south of Fraser River's south distributary, arm, it is bordered by the city of Richmond, British Columbia, R ...

File:Saks Off 5th, Clarksburg, Maryland, August 2020 01.jpg, Saks Off 5th, Clarksburg, Maryland, August 2020

References

External links

* American companies established in 1990 Clothing retailers of the United States Department stores of Canada Department stores of the United States Discount stores of Canada Discount stores of the United States Hudson's Bay Company Online clothing retailers of Canada Online clothing retailers of the United States Retail companies established in 1990 Saks Fifth Avenue Outlet stores Companies that have filed for bankruptcy in Canada {{US-retail-company-stub