Saks OFF 5TH unveils plans for Toronto and Edmonton
TORONTO, May 10, 2016 /CNW/ - Saks Fifth Avenue OFF 5TH is pleased to announce plans to open two new Canadian locations; on the Queensway across from Sherway Gardens in Toronto, ON, and at South Edmonton Commons in Edmonton, AB. The stores mark the 12th and 13th Saks OFF 5TH locations announced to open in Canada, which launched in the market in March, 2016 with its first four stores in Ontario.
"Canada is the first market where Saks OFF 5TH has opened outside of the United States, effectively launching our global strategy," commented Jonathan Greller, President, Saks OFF 5TH and Gilt. "We have seen strong performance in the market already and, given our commitment to the country and aggressive expansion plans, we are incredibly excited for these additional 2016 stores. Canadian shoppers have shown us they are thrilled to finally have the Saks OFF 5TH experience accessible to them in Canada."
Queensway, Toronto, ON
Saks OFF 5TH will make its debut at 1950 The Queensway at the West Mall in Toronto in September 2016. Located approximately 20 minutes from the downtown core, the new 27,000 square foot store will provide downtown shoppers with a convenient location to discover the true thrill-of-the-hunt Saks OFF 5TH experience. 1950 The Queensway is owned and operated by Fima Developments.
South Edmonton Common, Edmonton, AB
Debuting in Edmonton at one of the largest open-air retail developments in North America, Saks OFF 5TH will be introduced to the city's shoppers in September 2016 at South Edmonton Common. Situated at 1978 99 St. NW, in one of the city's highest traffic locations, the 31,900 square foot store will be a fashion-value destination for residents and visitors alike. South Edmonton Commons is owned and operated by Cameron Development Group.
Saks Fifth Avenue OFF 5TH delivers a compelling lineup of more than 800 brands from emerging designers to some of the most notable names in fashion. The stores feature a carefully edited assortment of luxury designer fashion, footwear, and accessories for men and women at amazing value. With fresh arrivals delivered almost daily, customers will discover new and exciting merchandise, including one-of-a-kind designer finds with each and every visit. For additional Saks OFF 5TH shopping benefits, customers may sign up for our email program at saksoff5th.ca. Rewards include insider access to exclusive discounts, new arrival alerts, and more.
In addition to four current Canadian stores, Saks OFF 5TH has also announced planned Fall 2016 store openings in Tsawwassen, BC; Calgary, AB; and Ottawa, ON. The much anticipated openings are part of Saks OFF 5TH's North American expansion plans to open up to 25 locations across Canada by 2018.
ABOUT SAKS FIFTH AVENUE OFF 5TH
As part of the Hudson's Bay Company brand portfolio, Saks Fifth Avenue OFF 5TH is a world-class destination for true fashion at extraordinary value. The retailer's 101 stores and e-commerce division, saksoff5th.com, combine the two great joys of shopping: the delight of discovering the best in luxury and the thrill of finding a deal. A sophisticated shopping experience of carefully curated off-the-runway trends, exceptional service, and savings on the biggest names in fashion, Saks Fifth Avenue OFF 5TH leads the market as the premier luxury-value destination.
SOURCE Hudson's Bay
For further information: Tiffany Bourré, 905-595-7184, 416-571-1301 (cell), [email protected]