This was originally a regular Saks Fifth Avenue, but it changed into a Saks Off 5th outlet/clearance store. The change was a massive success, as the store began attracting downtown business patrons and tourists for bargain prices in "normal" location --it is much larger than a normal Saks Off 5th and has a much wider selection (though it doesn't use the top floor). The mens' suit section on the first floor remains very large and very popular among downtown businessmen from high-payed attorneys to people wanting to look good for less.
This remains the only Saks store (Fifth or Off 5th) in Minnesota.
Wikipedia article:
http://en.wikipedia.org/wiki/Saks_Fifth_AvenueCategory:
outlet department store