Saks Off Fifth Opens Downtown San Francisco Store, Eyes Urban Locations

by Harry Sheff

Saks Off FifthSaks Off Fifth is opening a 40,500 sq. ft. off-price store in downtown San Francisco on 901 Market Street this week, with a grand opening celebration scheduled for Thursday. It’s part of what parent company Hudson’s Bay Co. hopes to be many urban off-price locations.

“This store is the first Saks Fifth Avenue Off Fifth store in a city center, and we believe San Francisco is an ideal location as we begin to expand into metropolitan markets,” said HBC’s president of outlets Jonathan Greller. “We are thrilled to introduce our brand and cater to the busy San Francisco Bay Area lifestyle by being conveniently located in the city’s downtown core.”

Greller’s statement isn’t strictly true — Saks just closed an Off Fifth location in downtown Minneapolis in January, and then announced days later that it would open a new, 40,000 sq. ft. store across the street from the old one in April 2016.

“We’re excited to announce that Saks Fifth Avenue Off Fifth will remain in downtown Minneapolis,” said Greller in January. “This city has been a strong market for us, and Minneapolis City Center provides us with a vibrant location in which to serve our exceedingly loyal customers.”

Saks had been in Minneapolis since 1991 when it opened a full-line Saks Fifth Avenue store. That closed in 2005 and became a Saks Off Fifth store.

HBC operates about 80 Saks Off Fifth off-price stores and 39 Saks Fifth Avenue stores in the U.S. The company recently announced that it will open three Off Fifth stores in Canada next year.