The Mills Corporation and Saks Inc. sign agreement for Off 5th Saks
The first store, approximately 28,000 square feet and currently under construction, will open at Arundel Mills outside of Baltimore in November, 2000.
This multi-site development agreement is unprecedented in the companies' eight-year relationship. The first OFF 5TH store debuted at Franklin Mills in 1992. Since that time, OFF 5TH has expanded nationally and today operates 44 stores in prime retail markets around the country.
Ronald Covin, President of OFF 5TH states, "OFF 5TH offers outstanding value for our customers by giving them a variety of choices in merchandise at great prices, along with superior, personalized service. We are very pleased to be extending our relationship with The Mills Corporation, a company that offers a multitude of shopping choices in a unique and entertaining environment."
Judith Berson, Mills' Executive Vice President, states, "OFF 5TH has become a signature anchor for Mills' portfolio of properties across the country. We are thrilled to begin the new century with an expanded relationship with Saks. Today's announcement represents Mills' continued commitment to bring the best in retailing to consumers."
OFF 5TH is a member of the Saks Incorporated which operates 360 specialty and department stores, in 38 states, under the names of Saks Fifth Avenue, Proffitt's, McRae's, Younkers, Parisian, Herberger's, Carson Pirie Scott, Bergner's, and Boston Store.
Edited by Anndrea Vorobej