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Press release from Business Wire

Saks Fifth Avenue OFF 5TH Store Opening in Merrimack

Wednesday, June 13, 2012

Saks Fifth Avenue OFF 5TH Store Opening in Merrimack09:04 EDT Wednesday, June 13, 2012 NEW YORK (Business Wire) -- Saks Fifth Avenue OFF 5TH announced today that it plans to open a store in Merrimack on Thursday, June 14. The 28,032 square foot store is located in Merrimack Premium Outlets, a new shopping center just 55 miles northwest of Boston. The store's launch will coincide with the outlet's Grand Opening Celebration, which will last from June 14 until June 17. Operated by Simon Malls, the Outlet Center will be home to a collection of 100 designer and name-brand outlet stores, up to four restaurants and a food court. “We look forward to debuting Saks Fifth Avenue OFF 5TH in a beautiful new shopping facility,” noted Robert Wallstrom, President of Saks Fifth Avenue OFF 5TH. “We are excited to bring Merrimack a fresh assortment of top designer brands at the best prices.” The store will feature Saks Fifth Avenue OFF 5TH's innovative ‘luxury-in-a-loft' store design, a novel layout that has been well received and set a new standard in outlet shopping. This design maximizes efficiency and flexibility, enabling easy changes in the general layout. The store will be bright, uncluttered, with no hard aisles and one consistent hard-surface floor throughout. All fixtures will be on casters, ensuring ease in movement, and all hardware will be interchangeable between fixtures. A distinctive assortment of brands will be available at outlet prices in the new store, including women's and men's apparel, fine jewelry, and children's collections. Women will find both designer and contemporary merchandise, with summer's most sought-after womenswear trends, such as bold colors and prints, maxi skirts and dresses, and loosely woven knits. Men can shop from a myriad of contemporary brands including Robert Graham, Affliction, Members Only, Marc by Marc Jacobs, Vince, and John Varatos; a variety of menswear denim options such as True Religion, Seven for All Mankind, Joes Jeans, Levi's, and Hudson; and a shoe selection from John Varvatos Star USA, To Boot New York, and Cole Haan. For children, the store will offer a range of fun pieces for the summer, including bright colors, prints, and sportswear. The Saks Fifth Avenue OFF 5TH location will additionally provide customers with a wide range of jewelry designers such as Roberto Coin, Penny Preville, John Hardy, Judith Ripka, Stephen Webster, Elizabeth and James, Ippolita, Alexis Bittar, Tara Pears, Saks Fifth Avenue, and Nava Zahavi. In celebration of the Shopping Center's grand opening, Merrimack Premium Outlets will be hosting a weekend filled with special events, live performances by local talent, and many enter-to-win prizes, including a $250 gift card to Saks Fifth Avenue OFF 5TH, and a $5,000 shopping spree to Merrimack Premium Outlets as the grand prize. Throughout the weekend, Saks Fifth Avenue OFF 5TH shoppers will receive a complimentary signature tote with a purchase of $50 or more, and all customers will be eligible for “FashCash” worth up to $500 by signing up for the Saks Fifth Avenue OFF 5TH MORE! Rewards loyalty program. This program offers weekly discounts, sales and promotions on merchandise throughout the store. About Saks Fifth Avenue OFF 5TH Saks Fifth Avenue OFF 5TH is a world-class, full-service destination for value-priced clothes and accessories for men, women, children and the home. The retailer's 62 stores combine the two great joys of shopping: the delight of finding the very best and the thrill of the deal. Highly coveted designers are displayed alongside exclusive Saks brands you won't find anywhere else, all in a luxury-in-a-loft environment that can showcase an emerging trend one day and a great deal the next. Saks Fifth Avenue OFF 5TH simply offers more style, more savings and more service than any other value retailer. Saks Fifth Avenue OFF 5THSophia Brown, 212-451-3957PR DirectorSophia_Brown@s5a.comorAmber Cacali, 212-320-4783VP MarketingAmber_Cacali@s5a.comorJulia Bentley, 865-981-6243SVP Investor RelationsJulia_Bentley@saksinc.com