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Saks OFF 5TH to Open First DC Store

WASHINGTON, DC—The retailer has signed a 33,000-square foot lease at the Thurman Arnold Building.

By Erika Morphy | erikamorphy | | Updated on April 15, 2016
A Saks Off 5th store A Saks Off 5th store
WASHINGTON, DC—The retail brand Saks OFF 5 th has signed a 33,000-square foot lease at 555 12 th St., NW, also known as the Thurman Arnold Building. The store will open its doors this September. This will be the retailer’s first store in the District, according to Jonathan Greller, president of HBC Off-Price. “We are thrilled to finally introduce Saks OFF 5TH to shoppers in the nation’s capital,” he said in a prepared statement. Sakes OFF 5 th was unable to arrange a call in time with GlobeSt.com for publication. Sakes OFF 5 th is part of the Hudson’s Bay Co.’s brands. The company is in the process of introducing it into a number of markets besides Washington DC. Last month, for example, it opened its first four Off 5th stores in Canada, as well as its first Off 5th store in Manhattan. All told for Q1, Hudson’s Bay opened six new Off 5 th locations. “We continue to see exciting opportunities for an expansion of this banner, both inside and outside of the United States,” said CEO Jerry Storch in a recent earnings call.

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