Saks opens 100th Off 5th location; affirms urban strategy

The opening of the newest Saks Fifth Avenue Off 5th location near downtown Chicago is a big deal literally and figuratively.



The newest Off 5th is located in the NEWCITY development at Lincoln Park on the northern fringe of downtown Chicago at 1457 Halsted Street at the intersection of North Clybourn Avenue. The store is the company’s 100th Off 5th location in North American, its seventh in Illinois and the second in downtown Chicago following the April 14 opening of the first location as 6 S. State Street.



The other downtown location measured 23,500 sq. ft. whereas the new store is 40,000 sq. ft. and seen reinforcing the retailer’s strategy to bring more Off 5th stores to metropolitan areas.



“The opening of our newest store at Lincoln Park is a significant milestone for Saks Off 5th. Not only is this the second store to debut in downtown Chicago, but this opening also marks our 100thstore location in North America,” said Jonathan Greller, president of Saks Off 5th and Gilt. “This opening reinforces our strategy to bring more Saks OFF 5th stores to downtown metropolitan areas, and we are proud to continue investing in vibrant cities like Chicago.”