Saks Fifth Avenue Off Fifth discount store opens

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A Saks Fifth Avenue Off Fifth discount spin-off brand opens in New York, seen on Sunday, March 6, 2016. The 47,000 square foot store, selling discounted merchandise also contains a Gilt Groupe shop which will offer weekly flash sales. Hudson's Bay Co., the owner of Saks, recently purchased the Gilt Groupe.  (© Richard B. Levine)
A Saks Fifth Avenue Off Fifth discount spin-off brand opens in New York, seen on Sunday, March 6, 2016. The 47,000 square foot store, selling discounted merchandise also contains a Gilt Groupe shop which will offer weekly flash sales. Hudson's Bay Co., the owner of Saks, recently purchased the Gilt Groupe. (© Richard B. Levine)
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