Saks Plans To Open Seven New Saks Fifth Avenue OFF 5TH Stores In 2014

(RTTNews) - Saks Inc. (SKS) Wednesday said it plans to open seven new Saks Fifth Avenue OFF 5TH stores in 2014. The stores will range from 25,000 to 28,000 square feet and will be modeled in Saks Fifth Avenue OFF 5TH's luxury-in-a-loft store design.

They are The Outlets at Bloomfield in Pearl, Massachusetts; Potomac Mills in Woodbridge, Virginia; Palm Beach Outlets in West Palm Beach, Florida; Outlet Shoppes at Louisville/Lexington, Kentucky; Twin Cities of Eagan in Minneapolis, Minnesota; The Mayfair Collection in Mayfair, Wisconsin; and Easton Gateway in Columbus, Ohio.

Robert Wallstrom, President of Saks Fifth Avenue OFF 5TH, said, "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."

In celebration of the openings, each new store will host local launch festivities with special discounts and giveaways.