Saks Fifth Avenue Off 5th plans to enter the Canadian market with stores in three Ontario cities: Ottawa, Niagara-on-the-Lake and Vaughan. The off-price stores—the first of 25 Hudson’s Bay Company has slated for Canada—are scheduled to open in Spring 2016.
“We have long recognized the tremendous opportunity that the off-price segment represents in Canada and today marks a significant milestone for us,” said Jonathan Greller, president of outlets, Hudson’s Bay Company. “We believe that the incredible product, modern store environment and the great deals that we are known for will truly delight and resonate with Canadian shoppers.”
The 28,000-square-foot Ottawa store will be located at Tanger Outlets in Kanasta, the area’s first outlet center and popular shopping hub for residents and tourists. The 32,500-square-foot Niagara-on-the-Lake location market will open in the one-year-old Outlet Collection at Niagara. The Niagara market has proven to be a strong for Off 5th with a location on the U.S. side of the Niagara Falls border. The Vaughan store will be the company’s largest at 35,000-square-feet. The store, located at Vaughan Mills, a shopping and entertainment venue, will cater to the Greater Toronto clientele.
The Canadian stores will align with the redesigned Saks Fifth Avenue Off 5TH aesthetic, featuring an open and modern modular layout, in an easy to shop ‘treasure hunt’ environment.