Tuesday, May 31, 2016

SAKS FIFTH AVENUE To Open In Calgary; First Store In Western Canada

SAKS FIFTH AVENUE TO OPEN IN CALGARY; FIRST STORE IN WESTERN CANADA
Saks Fifth Avenue today announced plans to open its third Canadian location, in Calgary, Alberta. Expected to open in January 2018, the 115,000 square-foot, two-level location will be part of CF Chinook Centre, a Cadillac Fairview property. The new store will feature a modern and authoritative merchandise assortment, including women’s designer, contemporary, modern ready-to-wear, men’s, beauty, jewelry, shoes and handbags. In addition to its elevated assortment, the new location will offer a full service Fifth Avenue Club, complete with private suites and personal shopping consultants.

"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.

“We are thrilled to once again partner with Saks Fifth Avenue to bring their iconic brand to a Cadillac Fairview shopping centre,” said John Sullivan, President and Chief Executive Officer, Cadillac Fairview. “The addition of Saks to our Western portfolio will further enhance the premium shopping experience Canadians have come to expect from us.”

Saks Fifth Avenue two full-line stores in Canada opened in February 2016 at CF Toronto Eaton Centre and CF Sherway Gardens.

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