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Saks Off 5th, formerly Saks Fifth Avenue Off 5th, is an American off-price department store chain founded in 1990, and a subsidiary of the luxury department store chain Saks Fifth Avenue. Since 2013, both Saks Off 5th and Saks Fifth Avenue have been owned by the Hudson's Bay Company (HBC), along with HBC's namesake Canadian department stores. It is comparable to other off-price stores including Nordstrom Rack, and traditional department stores. In 2019, HBC announced plans to downsize the chain in order to cut costs amid falling sales, and planned to close as many as 20 Saks Off 5th locations in the United States. In February 2020, HBC announced that former Nordstrom Rack executive Paige Thomas was the new president of Saks Off 5th.

Off 5th Questions

The Off 5th annual revenue was $1.5 billion in 2026.

Off 5th is based in New York, New York.

The NAICS codes for Off 5th are [452, 45, 455].

The SIC codes for Off 5th are [531, 5311, 53].

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