REAL ESTATE

Saks to put best foot forward with new concept

BY Marianne Wilson

New York — Saks Fifth Avenue is going to open a freestanding store dedicated to a hot category.

The department store retailer plans to open a shoe store in Greenwich, Connecticut, in fall 2016, Women’s Wear Daily reported.

The store, whose name has not yet been revealed, will be located close to an existing Saks Fifth Avenue store, which will no longer sell shoes.

The new format will be modeled after Saks’ in-store 10022 shoe department, according to the report.

“We stand for footwear,” Marc Metrick, the president of Saks Fifth Avenue, told WWD. “We are dominant in the business. This gives us the opportunity from a space standpoint to make the assortment a lot more powerful.”

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

Polls

Are you concerned that tariffs will impact your business in 2019?