Other News: Tissot Launches E-Commerce in Canada, Edmonton’s Jacek Chocolate to Launch Expansion, KÉRASTASE PARIS Debuts at Sephora in Canada, Poppy Barley Overhauls Southgate Centre Flagship.
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.
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 stores will be in Toronto, Edmonton and Calgary. When open, Saks OFF 5TH will operate seven Canadian stores, well on its way to opening 25 locations by the year 2018.
It's a remarkable accomplishment -- one landlord has secured half of all announced Canadian locations, facilitated by teamwork as well as extensive negotiations.
Although not nearly as glamorous and attractive as Saks' full-priced Canadian stores, Off 5th features a considerable number of designers at a variety of pricepoints.
Saks Off 5th reveals its 1st Western Canadian location, set to open in September of 2016. Saks will open as many as eight Off 5th locations in Canada next year.
Saks Fifth Avenue's discount retail concept 'Off 5th' will open up to 25 Canadian locations, according to Hudson's Bay Company CEO Richard Baker. Saks' Off 5th concept will likely follow the opening of Canadian Saks Fifth Avenue stores, which we expect to...