It was announced earlier this morning that the new location for the third Canadian location for Saks Fifth Avenue, will be the 115,000 square-foot, two-level location in Cadillac Fairview’s Chinook Centre. The store is set to open January 2018.
The store will feature a modern and authoritative merchandise assortment of women’s designer, contemporary, modern and ready-to-wear, men’s apparel, beauty jewelry shoes and handbags. The new location will also offer a full service Fifth Avenue Club. This will be complete with private suites and personal shopping consultants to ensure a seamless, enjoyable and more elevated approach to shopping.
“Following our incredibly successful entry into Canada earlier this year, we are excited to bring Saks Fifth Avenue to Western Canada in 2018. Our strategy is to opportunistically open new stores where we have the customer, the right
location and we are able to deliver a consistent Saks brand edit, focused on modern fashion. Calgary, specifically the CF Chinook Centre, fits these criteria and is a logical next step in our Canadian expansion,” commented Marc Metrick, President, Saks Fifth Avenue.
John Sullivan, President and Chief Executive Officer, Cadillac Fairview is quite excited about the partnership. “The addition of Saks to our Western portfolio will further enhance the premium shopping experience Canadians have come to expect from us.”
This is an exciting addition to the shopping opportunities for consumers in Calgary but this could be both a cause for celebration (for avid shoppers) or a cause for concern (for local competitors). With department store giants like Hudon’s Bay, Nordstrom and Simons – set to open it’s Calgary doors in 2017, coming in to play, will adding another player like Saks stretch shoppers thin? Tell us what you think by leaving a comment below.