What Does Saks OFF 5TH Do?

Total employees1909
HeadquartersNew York
Founded

Saks OFF 5TH is a premier off-price retailer offering a curated selection of luxury fashion, designer apparel, shoes, handbags, jewelry, and accessories for men and women. With a focus on providing exceptional value, Saks OFF 5TH brings coveted brands to customers at significant discounts, both through its network of physical stores and its e-commerce platform, saksoff5th.com. It operates as a distinct entity for its e-commerce business (partnered with Insight Partners) and its physical stores (owned by Hudson's Bay Company - HBC), both leveraging the strong brand heritage of Saks Fifth Avenue.

Where Is Saks OFF 5TH's Headquarters?

HQ Function

Serves as the central hub for merchandising, marketing, e-commerce strategy, corporate operations, and brand management for Saks OFF 5TH.

Notable Features:

Located within Brookfield Place in Lower Manhattan, offering modern office facilities with advanced technology and access to a vibrant business and retail environment.

Work Culture:

A fast-paced, innovative, and collaborative environment focused on the off-price retail market. Emphasis on agility, customer-centric strategies, and leveraging data for decision-making.

HQ Significance:

The New York City headquarters is vital for maintaining proximity to major fashion brands, talent, and the pulse of the retail industry, enabling quick responses to market trends.

Values Reflected in HQ: The headquarters reflects values of modernity, efficiency, and a strategic position within the fashion ecosystem, supporting its mission to provide luxury for less.

Location:

Saks OFF 5TH operates primarily in the United States and Canada with a network of physical retail stores and robust e-commerce platforms (saksoff5th.com and saksoff5th.ca). Its digital presence extends its reach globally through international shipping options to numerous countries. The company relies on a global sourcing network to procure designer merchandise and maintain its value proposition.

Street Address:

200 Vesey Street

City:

New York

State/Province:

NY

Country:

USA

Where Else Does Saks OFF 5TH Operate Around the World?

Toronto, Ontario/Canada

Address: 20 Eglinton Avenue West, Toronto, ON M4R 1K8, Canada

Supports Canadian retail operations for HBC banners, including Saks OFF 5TH, and global corporate functions for the HBC portfolio.

Conshohocken, Pennsylvania/USA

Address: 1001 E Hector St, Conshohocken, PA 19428, USA

Key center for digital innovation, customer experience, and e-commerce fulfillment operations for the U.S. market.

Buying Intent Signals for Saks OFF 5TH

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading Saks OFF 5TH? Meet the Executive Team

As of April 2025, Saks OFF 5TH' leadership includes:

Paige Thomas - President and CEO, Saks OFF 5TH
Richard Baker - Governor, Executive Chairman and CEO, Hudson's Bay Company (Oversees Saks OFF 5TH stores)
Shivi Shankaran - Chief Operating Officer, Saks OFF 5TH
Kate Green - Chief Marketing Officer, Saks OFF 5TH
Jennifer Gheer - Chief People Officer, Saks OFF 5TH

Who's Investing in Saks OFF 5TH?

Saks OFF 5TH has been backed by several prominent investors over the years, including:

Hudson's Bay Company (HBC) (Owner of Saks OFF 5TH physical stores and majority owner of SaksOFF5TH.com)
Insight Partners (Minority equity investor in SaksOFF5TH.com)

What Leadership Changes Has Saks OFF 5TH Seen Recently?

Hire1
Exits0

Over the past year, Saks OFF 5TH saw a significant leadership consolidation with Paige Thomas assuming control of both e-commerce and physical store operations. The company also strengthened its executive team with a key hire in Human Resources to support its strategic objectives in the competitive off-price market.

New Appointments:

Jennifer Gheer, Jennifer Gheer joined Saks OFF 5TH as Chief People Officer to spearhead its people strategy and foster talent within the organization.

What Technology (Tech Stack) Is Used bySaks OFF 5TH?

Discover the tools Saks OFF 5TH uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Saks OFF 5TH Email Formats and Examples

Saks OFF 5TH likely uses standardized email formats for its corporate communications. Common structures typically involve combinations of an employee's first and last name followed by the company domain.

A frequently observed email format is [first].[last]@saksoff5th.com.

Format

jane.doe@saksoff5th.com

Example

75%

Success rate

What's the Latest News About Saks OFF 5TH?

Sourcing Journal • January 26, 2024

HBC CEO Richard Baker Optimistic About Saks OFF 5TH's Turnaround and Growth Potential

Richard Baker, CEO of Hudson's Bay Company, expressed confidence in Saks OFF 5TH's ongoing turnaround strategy, emphasizing its potential for growth and improved performance by leveraging both its digital platform and physical store network....more

WWD (Women's Wear Daily) • August 2, 2023

Saks OFF 5TH Consolidates Store and E-commerce Leadership Under Paige Thomas

Paige Thomas, president and CEO of SaksOff5th.com, expanded her responsibilities to include leadership of Saks Off 5th’s approximately 100 brick-and-mortar stores, unifying the brand's physical and digital operations....more

Retail Dive • July 18, 2023

Saks Off 5th Enhances Focus on Luxury Accessories to Attract Shoppers

Saks Off 5th is strategically increasing its assortment of luxury accessories, such as handbags and sunglasses, to attract more consumers and capitalize on strong demand in this high-margin category as part of its merchandising strategy....more

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