By  on October 25, 2011

Saks Off 5th has named Peter Rizzo senior vice president and creative director, merchandising.

It’s a new role at Saks Inc.’s burgeoning off-price division, which is growing faster than the full-line Saks Fifth Avenue stores. Off 5th will end 2011 with 62 locations and has set five openings for 2012, underscoring the popularity and profitability of the sector, while no new full-line sites have been set.

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