Saks Fifth Avenue OFF 5TH Celebrates Grand Opening of its first Canadian stores on March 17, 2016

- Leading Off-Price Retailer opens stores at Vaughan Mills, Halton Hills and Niagara-on-the-Lake –

TORONTO, March 10, 2016 /CNW/ - The wait is nearly over…Saks Fifth Avenue OFF 5TH will open its first stores to Canadian shoppers on March 17, 2016 in Vaughan Mills, Halton Hills and Niagara-on-the-Lake, Ontario. The arrival of Saks OFF 5TH brings a completely new shopping experience to the Canadian consumer by introducing the preeminent luxury off-price retailer to the market. Canadians will now be able to experience the ultimate "thrill of the hunt" shopping that Saks OFF 5TH is renowned for, with access to the some of the best brands and fantastic finds, in a fun to shop store format.

"There is great anticipation and consumer interest for our Saks OFF 5TH luxury off-price format in Canada," said Jonathan Greller, President, HBC Off-Price.  "We are thrilled to finally open the doors of our first Canadian stores next week and show customers a new experience in remarkable savings from some of the most notable names in fashion."

The luxury off-price format is one of the fastest growing retail segments in the U.S. (Moody's 2015), yet still under developed in Canada. This provides a significant opportunity to grow the Saks OFF 5TH brand across the country and answer the consumer demand evident in the strong Canadian consumer base already shopping Saks OFF 5TH U.S. stores. These three Ontario locations are the first of nine to open in 2016 and up to 25 nationwide in the coming years. 

Saks Fifth Avenue OFF 5TH features a compelling line-up of more than 800 brands from emerging designers to some of the most recognized names in fashion.  New merchandise is delivered almost daily so customers can discover a wide assortment of luxury designer fashion, footwear and accessories at incredible prices every time they shop.  Thoughtfully laid out in a comfortable, modern environment, Saks Fifth Avenue OFF 5TH provides a great shopping experience with easy to discover designer fashion brands for women and men; an extensive shoe and bag collection, fine and fashion jewelry, as well as children's fashion.

Doors Open at 10am March 17^th:

Saks Fifth Avenue OFF 5TH – Vaughan Mills, 1 Bass Pro Mills Drive, Vaughan

Saks Fifth Avenue OFF 5TH – Toronto Premium Outlet, 13850 Steeles Avenue, Halton Hills

Saks Fifth Avenue OFF 5TH – The Outlet Collection, 300 Taylor Road, Niagara-on-the-lake

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 92 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: Media contact: Tiffany Bourré, Director, External Communications, HBC, [email protected], 905-595-7184