Saks Fifth Avenue OFF 5TH Enters the Downtown Market with First Metropolitan Store Location in San Francisco

Saks Fifth Avenue OFF 5TH is pleased to announce the grand opening of its first metropolitan store at 901 Market Street, located in the heart of downtown San Francisco. The new 40,500 sq. ft. store features an impressive assortment of more than 800 brands from top designers to emerging labels, with fashion and accessories for women and men arriving weekly. The grand opening will take place Thursday, May 28th, 2015.

“This store is the first Saks Fifth Avenue OFF 5TH store in a city center, and we believe San Francisco is an ideal location as we begin to expand into metropolitan markets,” commented Jonathan Greller, President of Outlets, Hudson’s Bay Company. “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.”

To celebrate the grand opening, shoppers are invited to visit the store an hour prior to opening for a chance to win fabulous prizes. $50 gift cards will be awarded every 5 minutes, from 9:00am until doors open at 10:00am, and one lucky winner will walk away with a $500 shopping spree! In the evening, customers will be treated complimentary hair braiding, nail polish touch ups and light make up applications will keep guests in the party spirit.

The festivities continue through Sunday with great giveaways, fun contests, and a live DJ on site who will entertain guests throughout the weekend. The first 200 shoppers to arrive at the store from Thursday to Sunday will receive a special chocolate bar containing one of four golden tickets that are redeemable for $100 gift cards.

ABOUT SAKS FIFTH AVENUE OFF 5TH

As part of the Hudson’s Bay Company brand portfolio, Saks Fifth Avenue OFF 5TH is a world-class destination for true fashion at extraordinary value. The retailer’s 82 stores and e-commerce division, saksoff5th.com, combine the two great joys of shopping: the delight of discovering the best in luxury and the thrill of finding a deal. A sophisticated shopping experience of carefully curated off-the-runway trends, exceptional service, and savings on the biggest names in fashion, Saks Fifth Avenue OFF 5TH leads the market as the premier luxury-value destination.

ABOUT HUDSON’S BAY COMPANY

Hudson's Bay Company, founded in 1670, is North America's oldest company. Today, HBC offers customers a range of retailing categories and shopping experiences primarily in the United States and Canada. Our leading banners – Hudson's Bay, Lord & Taylor, Saks Fifth Avenue and Saks Fifth Avenue OFF 5TH – offer a compelling assortment of apparel, accessories, shoes, beauty and home merchandise. Hudson’s Bay is Canada's most prominent department store with 90 full-line locations, two outlet stores and thebay.com. Lord & Taylor operates 50 full-line locations primarily in the northeastern and mid-Atlantic U.S., four Lord & Taylor outlet locations and lordandtaylor.com. Saks Fifth Avenue, one of the world's pre-eminent luxury specialty retailers, comprises 39 U.S. stores, five international licensed stores and saks.com. OFF 5TH offers value-oriented merchandise through 82 U.S. stores and saksoff5th.com. The Company also operates Home Outfitters, Canada's largest kitchen, bed and bath specialty superstore with 67 locations. Hudson’s Bay Company trades on the Toronto Stock Exchange under the symbol “HBC”.

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