Photo: Saks OFF 5TH
Saks Fifth Avenue‘s off-price retail concept, Saks OFF 5TH, has revealed two more Canadian locations, adding to 11 already announced. Included is OFF 5TH’s first Edmonton store, as well as one in Toronto. Saks says it plans to operate up to 25 Canadian OFF 5TH locations by the year 2018.
The 31,900 square foot Edmonton store will be at South Edmonton Common, and will open in September of 2016. South Edmonton Common is one of North America’s largest open-air retail developments, and is owned and operated by Cameron Development Group. The centre is anchored by a number of large retailers, including a massive Ikea store as well as an innovative new format Canadian Tire Store, also the largest in Canada.
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The 27,000 square foot Toronto OFF 5TH will open at 1950 Queensway at The West Mall in Toronto, also in September of 2016. That property is owned and operated by Fima Developments. Saks OFF 5TH will compliment the nearby full-priced 143,200 Saks Fifth Avenue store at CF Sherway Gardens, which opened in February of this year.
Saks OFF 5TH has also announced plans for fall 2016 store openings at Tsawwassen Mills in South Delta, BC, at Calgary’s CrossIron Mills, and within the Hudson’s Bay building in downtown Ottawa. Saks OFF 5TH launched in March of this year with four locations in Ontario.
Related (discussing all Canadian OFF 5TH stores) — Saks OFF 5TH Announces Vancouver, Montreal, Quebec City, Winnipeg Locations (December 3, 2015)
Canadian Retail News From Around The Web: May 11, 2016
