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.
We’re predicting that this year will be one of highs and lows — Sears Canada will shutter, Nordstrom Rack will enter Canada, marijuana will be legalized, and plenty of other developments.
Canada’s third full-sized Saks Fifth Avenue store will open in early 2018, two years after its first two locations. We’ve included 7 renderings of the new store in the article.
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.
Pusateri’s has announced the opening dates of the Saks Fifth Avenue Queen Street/CF Toronto Eaton Centre food hall, as well as the flagship Avenue Road Pusateri’s location.
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.