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Saks Fifth Avenue Off 5th to open in Plymouth Meeting

Saks Fifth Avenue Off 5th will open a branch at the Metroplex Shopping Center in Plymouth Meeting this summer, according to the Goldenberg Group, which owns the property.

Saks Fifth Avenue Off 5th will open a branch at the Metroplex Shopping Center in Plymouth Meeting this summer, according to the Goldenberg Group, which owns the property.

The Saks Fifth Avenue outlet store is leasing 24,680 square feet at the shopping center, Goldenberg said in a statement Monday.

The store's arrival will make Saks, a subsidiary of Hudson's Bay Co., the latest high-end department store to expand its regional presence with more off-price versions of itself.

High-end department stores are embracing the off-price concept as their traditional mall-based locations struggle to compete with discount chains and online retailers. In recent years, Nordstrom and Bloomingdale's have added outlet stores in Center City.

Saks Off 5th, which has a location at Philadelphia Mills in Northeast Philadelphia, will join Gap, Old Navy, Men's Wearhouse, DSW and Ross among apparel retailers at the Metroplex center.

jadelman@phillynews.com

215-854-2615 @jacobadelman