Toronto -- Saks Fifth Avenue Off 5th has announced its first three store locations in Canada as it prepares to enter the Canadian marketplace next year.
The retailer will open stores in Tanger Outlets, Kanata (a suburb of Ottawa); Outlet Collection at Niagara, Niagara-on-the-Lake; and Vaughan Mills, Vaughan (just north of Toronto) in spring 2016. The three stores are the first of up to 25 locations that Saks Fifth Avenue Off 5th plans to open nationwide.
“We are extremely excited to be growing the Saks Fifth Avenue Off 5th brand by opening our doors to the fashionable residents of Canada,” stated Jonathan Greller, president of Outlets, HBC. “We have long recognized the tremendous opportunity that the off-price segment represents in Canada and today marks a significant milestone for us. 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.”
Vaughan Mills and Outlet Collection at Niagara are owned and managed shopping centres of Ivanhoé Cambridge Inc. Tanger Outlets is co-owned by Tanger Outlet Factory Centers, Inc. and RioCan Real Estate Investment Trust.