Saks Fifth Avenue OFF 5TH Plans New Store in Cerritos, CA

Saks Fifth Avenue OFF 5TH announced plans to open a new store at Plaza 183 in Cerritos, CA, in September 2015. The new 30,000 square foot store will be fashioned in an open, modular layout, and feature a unique and unparalleled selection of designer finds for both men and women.

"This location puts us in the heart of Cerritos, and we are thrilled to bring the outstanding selection of Saks Fifth Avenue OFF FIFTH merchandise to this wonderful suburban city within Los Angeles County," stated Jonathan Greller, President of Outlets, HBC. "This new Saks OFF 5TH will cater to the market with luxury, on-trend shopping all at incredible prices, and become a fashion must-shop destination within the area."

With new arrivals shipped to the store weekly, customers will discover new and exciting merchandise, including one-of-a-kind designer finds, every time they shop. For additional OFF 5TH shopping benefits, customers may sign up for the More! program on saksoff5th.com. Rewards include insider access to exclusive discounts, new arrival alerts, and more.

The new Saks Fifth Avenue OFF 5TH will reside in Plaza 183 at 183rd & Gridley, Cerritos, CA 90703.

ABOUT SAKS FIFTH AVENUE OFF 5TH

As part of the Hudson's Bay Company brand portfolio, Saks Fifth Avenue OFF 5TH is a world-class destination for true fashion at extraordinary value. The retailer's 82 stores and e-commerce division, saksoff5th.com, combine the two great joys of shopping: the delight of discovering the best in luxury and the thrill of finding a deal. A sophisticated shopping experience of carefully curated off-the-runway trends, exceptional service, and savings on the biggest names in fashion, Saks Fifth Avenue OFF 5TH leads the market as the premier luxury-value destination.

ABOUT HUDSON'S BAY COMPANY

Hudson's Bay Company, founded in 1670, is North America's oldest company. Today, HBC offers customers a range of retailing categories and shopping experiences primarily in the United States and Canada. Our leading banners - Hudson's Bay, Lord & Taylor, Saks Fifth Avenue and Saks Fifth Avenue OFF 5TH - offer a compelling assortment of apparel, accessories, shoes, beauty and home merchandise. Hudson's Bay is Canada's most prominent department store with 90 full-line locations, two outlet stores and thebay.com. Lord & Taylor operates 50 full-line locations primarily in the northeastern and mid-Atlantic U.S., four Lord & Taylor outlet locations and lordandtaylor.com. Saks Fifth Avenue, one of the world's pre-eminent luxury specialty retailers, comprises 39 U.S. stores, five international licensed stores and saks.com. OFF 5TH offers value-oriented merchandise through 82 U.S. stores and saksoff5th.com. The Company also operates Home Outfitters, Canada's largest kitchen, bed and bath specialty superstore with 67 locations. Hudson's Bay Company trades on the Toronto Stock Exchange under the symbol "HBC".