• Home
  • News
  • Coins2Day 500
  • Tech
  • Finance
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
RetailInside Look

SaksWorks: Inside Hudson Bay Company’s new social club

By
Rachel King
Rachel King
Down Arrow Button Icon
By
Rachel King
Rachel King
Down Arrow Button Icon
September 18, 2021, 9:00 AM ET

Even before the pandemic started, major retailers with spacious department stores were rethinking their floor plans amid climbing real estate prices and consumers’ increasing dependence on online shopping. With the onset of the pandemic and limitations on going out, let alone shopping in stores, retailers needed to get creative.

While the future of coworking spaces is in flux as well, social clubs—in one form or another—have existed virtually forever. And that’s how Hudson’s Bay Co., the owner of Saks Fifth Avenue, describes its latest venture, SaksWorks—as a social club inspired by the famous department store and as its sister brand.

This particular mid-pandemic iteration of the coworking office space reflects how we are “changing the way we work, but also the way we live,” said SaksWorks president Amy Nelson during a soft opening to the media on Wednesday.

WeWork will function as a service provider for SaksWorks, lending its proprietary workplace management technology to operate the coworking component of SaksWorks and sell memberships. In this regard, SaksWorks is its first client.

When Saks Fifth Avenue meets WeWork, you have SaksWorks.
Rommel Demano/ BFA.com for SaksWorks

Given that the department store carries aspirational and luxury brands, SaksWorks doesn’t skimp on style, with meeting and restaurant spaces as well as cafés and fitness studios that look as if they were primed for a lifestyle shoot featured on Instagram. There are also event spaces, ideal for professional gatherings, weddings, and more.

Much of the furniture at SaksWorks is repurposed; these shelves used to serve as racks for jeans.
Rommel Demano/BFA.com for SaksWorks

Designers for the space also underscored that their team performed extensive research—pre-pandemic and during the pandemic—as to what employees wanted from coworking spaces in the future. That includes flexibility (many of the racks and tables are on wheels to enable more distance when needed) as well as an abundance of greenery and natural light.

These plant-covered walls were installed to absorb noise.
Rommel Demano/BFA.com for SaksWorks

But the retailer promises that the workspace is about much more than just work. The idea behind SaksWorks is to ensure that members can stay on-site and have everything they need at their fingertips, virtually all day. For example, members will be able to have hair and beauty treatments on-site; or a mid-afternoon stretch session (courtesy of performance and recovery specialists BDY SQD); or cocktails with friends at SaksWorks’ fully operational on-site bar.

One of the soundproof phone booths/mini-conference rooms for when you want to Zoom outside your home again.
Rommel Demano/BFA.com for SaksWorks

Compared with other social clubs, there’s no vetting process. SaksWorks will offer annual and monthly membership options, along with day passes should anyone want to drop in. Opening this month, the Manhattan locations are at Brookfield Place on Vesey Street and the Saks Fifth Avenue flagship store. Other locations opening this year will be in Manhasset, N.Y.; Westchester, N.Y.; and Greenwich, Conn.

More must-read business news and analysis from Coins2Day:

  • Unicorn startup Papaya Global nearly quadruples its valuation, eyes an IPO
  • The real reason everyone is quitting their jobs right now
  • This chart shows why the housing market may see an end-of-September shock
  • Bitcoin billionaires bet big on reviving woolly mammoths to combat climate change
  • The Scottish isle all whisky drinkers need to visit

Subscribe to Coins2Day Daily  to get essential business stories delivered straight to your inbox each morning.

About the Author
By Rachel King
See full bioRight Arrow Button Icon
Rankings
  • 100 Best Companies
  • Coins2Day 500
  • Global 500
  • Coins2Day 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Coins2Day Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Coins2Day Brand Studio
  • Coins2Day Analytics
  • Coins2Day Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Coins2Day
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

© 2025 Coins2Day Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Coins2Day Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.