Saks Off 5th expects strong gift-giving
What: Off-price expects to get a fair share of the Christmas cake.
Why it is important: Customers are expected to be more price-point conscious and gravitate to flash promotions during the coming Christmas due to economic pressures.
Saks Off 5th Chief believes in the power of the assortment as relevant and seasonally appropriate being a major advantage this holiday season as customers flock to stores with the best deals. As part of its holiday push, the retailer is offering an expanded assortment of fine jewellery which is a differentiating category for Saks Off 5th within the off-price sector.
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