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Saks OFF 5TH Announces 2 More Canadian Stores

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Saks Fifth Avenue’s off-price concept Saks OFF 5TH has announced two more Canadian stores — both located in suburban Toronto, and both scheduled to open in the spring of 2017. This brings the number of confirmed Canadian OFF 5TH locations to 16, with nine already operational. 

One of the two newly announced OFF 5TH stores will open at Bramalea City Centre in Brampton, and will measure about 28,000 square feet. The mall, owned and operated by Morguard, is one of Canada’s largest and busiest centres. 

The second Saks OFF 5TH location will open next spring at Pickering Town Centre in Pickering, east of Toronto. The popular shopping centre is owned by OPB Realty and is managed by 20 VIC Management. Both Bramalea City Centre and Pickering Town Centre are traditional enclosed malls anchored by retailers including Hudson’s Bay and Sears



Saks OFF 5TH opened its first Canadian stores in March of this year, and now operates the following nine locations: 

In addition to the Brampton and Pickering locations discussed above, Saks OFF 5TH has also announced the following future Canadian stores: 

Competitor Nordstrom Rack, operating under the Seattle-based Nordstrom umbrella, will compete fiercely with OFF 5TH when the former opens its first Canadian locations in early 2018. So far, Nordstrom Rack has confirmed five Canadian stores, including locations in Toronto at 1 Bloor Street East, Vaughan Mills, at Calgary’s Deerfoot Meadows, at Edmonton’s South Edmonton Common, and at OttawaTrain Yards in Ottawa. Nordstrom has said that it plans to open about 15 Nordstrom Rack locations in Canada, and potentially more if opportunities become available. 

Canadian Retail News From Around The Web: October 27, 2016



Article Author

Craig Patterson
Located in Toronto, Craig is the Editor-in-Chief of Retail Insider and President/CEO of Retail Insider Media Ltd. He is also a retail analyst and consultant, Director of Applied Research at the University of Alberta School of Retailing in Edmonton, and consultant to the Retail Council of Canada. He has studied the Canadian retail landscape for over 25 years and he holds Bachelor of Commerce and Bachelor of Laws Degrees.

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3 COMMENTS

  1. Saks off 5th would do very well in Moncton NB. Lots of opportunity, as it has retail pull from the entire province along with some from PEI and Nova Scotia.

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