Most recently, Thomas served as the executive VP, general merchandise manager, full price – men’s and kids at Nordstrom. Prior to working at Nordstrom, Paige held merchandising leadership positions at both Kohl’s and Fred Meyer.

‘Paige has a proven track record of achieving aggressive growth within off-price retail through superior cross-channel customer experiences,” said Helena Foulkes, CEO, HBC. “With her deep merchandising background and instinct to quickly capitalize on digital opportunities, I believe Paige is the right leader to further evolve Saks Off 5th and unleash its potential as a true off-price retailer.

‘I thank Marc for his leadership over the past two years and for establishing a solid foundation for Saks Off 5th’s next chapter,” said Foulkes. “From the outset, Marc was committed to turning the business around and setting it up for a dedicated leader, which I’m pleased he accomplished faster than expected. With this transition, he will double down on his tremendous leadership of Saks Fifth Avenue, further capitalizing on its position in luxury and solidifying the business as a category leader.’