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 The exterior of the Saks OFF 5TH store in Clarksburg, Maryland, pictured in 2020 | |
| Formerly | Saks Fifth Avenue Off 5th (1990–2020) |
|---|---|
| Company type | Subsidiary |
| Industry | Retail |
| Founded | 1990 |
| Headquarters | , United States |
Number of locations | 100 (2023) |
Area served |
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| Parent |
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| Website | saksoff5th |
Saks OFF 5TH, formerly Saks Fifth Avenue Off 5th, is an American off-price department store chain founded in 1990, and a sister brand to the luxury department store chain Saks Fifth Avenue. Both chains were owned by holding company Saks, Inc. until its acquisition by the Canadian-founded Hudson's Bay Company in 2013. 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 Backstage, Nordstrom Rack, Ross Dress for Less, and the TJX Companies.[citation needed]
As of October 24, 2023[update], Saks Off 5th operates 98 off-price department stores across 22 U.S. states: 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.; and 4 Canadian provinces: Alberta, British Columbia, Manitoba, and Ontario.[1]
- ^ ""Locations", Saks Off 5TH website, accessed October 24, 2023". Archived from the original on December 16, 2023. Retrieved October 24, 2023.