Craig and Lee discuss the new renovations to the Saks Fifth Avenue store in downtown Toronto, which looks different after several concessions closed earlier this year. Women's shoes relocated to the main floor and something could be in the works as store hours have been reduced for the three Canadian Saks locations.
The luxury retailer entered Canada 12 months ago, with a disruptive, action-packed year that included store openings for both its Saks and Off 5th nameplates. Saks will continue opening Canadian stores into 2018 and onwards as it gains market share from competitors.
The multi-level store will become Canada's largest Saks location, as well as one of the largest in the company. Saks will compete vigorously with the merged Holt Renfrew Ogilvy, only about 800 metres west.