Indianapolis -- Simon Property Group announced that Saks Fifth Avenue Off 5th will open a total of seven new stores in the next two years in its Premium Outlets division, including new centers and existing centers.
The new centers include: Merrimack Premium Oulets, Merrimack, N.H.; Phoenix Premium Outlets, Chandler, Arizona; St. Louis Premium Outlets, Chesterfield, Mo.; and Tampa Premium Oulets, Wesley Chapel, Fla. Expansions are planned for the following centers: Chicago Premium Outlets, Aurora, Ill.; Las Vegas Premium Outlets—North, Las Vegas; and Orlando Premium Outlets-Vineland Ave., Orlando, Fla.
In addition, SPG said that Saks Fifth Avenue Off 5th has made a long-term commitment to its Potomac Mills presence by finalizing its intention to move within the center to a new space on the front side of the property located between a mall entrance and Costco.
“We continue to be pleased with the performance of our Saks Fifth Avenue Off 5th stores in the Simon portfolio and are excited to have so many strong locations for us to grow with. These locations will enable us to continue to deliver our distinct merchandise offerings to area residents and visitors,” stated Robert Wallstrom, president of Saks Fifth Avenue Off 5th.