Can “off-price” department stores take off in Europe?

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20 December 2016 à 12h52

Updated on 10 May 2019 à 18h07

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3 minutes

Publication: 20 December 2016 à 12h52, Updated on 10 May 2019 à 18h07

Reading time: 3 minutes

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Publication

20 December 2016 à 12h52

Updated on 10 May 2019 à 18h07

Reading time

3 minutes

Publication: 20 December 2016 à 12h52, Updated on 10 May 2019 à 18h07

Reading time: 3 minutes

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American behemoth of department stores (operating Saks, Lord & Taylor and Hudson’s Bay in the U.S.A. and Canada) aims to launch Saks Off 5th in Düsseldorf, Germany, in the 1st semester of 2017.

Frankfurt, Stuttgart, Heidelberg and Wiesbaden have also been selected to house outlet stores covering from 2,000 to 4,000 sq.m and offering former Saks ranges with discounts up to -70%. Hudson’s Bay made inroads in Europe in 2015 when it purchased Galeria Kaufhof in Germany and Galeria Inno i

…
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