Saks Global’s Chapter 11 filing revives Canadian retail fallout, exposing risks for brands, landlords, and suppliers tied to the former Saks Canada network.
Cadillac Fairview will lease landmark downtown Toronto department store window bays to brands for Holiday 2025, reviving the former Hudson’s Bay/Saks frontage.
Former Marketing Director Shayne Stephens reveals the inside story of Saks Fifth Avenue’s bold Canadian launch, rapid growth, and sudden collapse amid Hudson’s Bay’s liquidation.
Hudson’s Bay is reportedly preparing for bankruptcy as financial woes deepen. With store closures and supplier concerns, the future of the retailer remains uncertain.
The Pusateri’s-operated grocery store was the first in the world for Saks Fifth Avenue when it opened in 2016, and was meant to drive foot traffic to the luxury retailer upstairs.
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.
Canadian cities are seeing new food halls that are creating increased footfall and drawing in consumers from a wider area. But will we become oversaturated if too many are built?
Other News: Nordstrom closes designer boutiques in downtown Toronto, Athlete Tech Summit to include NBA players, Saint Laurent updates Toronto boutique.