August 26, 2014
Hudson's Bay will continue the expansion of its Hudson's Bay Outlet concept by opening a second location this fall at the Premium Outlets Montreal. The roughly 27,000 square foot store will carry clearance merchandise from its department stores, as does its first location that opened last year in Toronto.
A source tells us that Montreal's Hudson's Bay Outlet will open October 30, 2014, at the same time as Premium Outlets Montreal. Phase One of the mall will measure about 365,000 square feet with about 80 retailers, featuring many of the same outlets as its sister property in Toronto. Premium Outlets Montreal will be home to Canada's first Max Mara outlet, however, and we'll update this article when we receive the mall's complete tenant list. Hudson's Bay Outlet will act as the mall's primary anchor.
Canada's first Hudson's Bay Outlet opened in August of 2013 at the Toronto Premium Outlets. The Toronto location is slightly smaller than Montreal's, measuring about 25,000 square feet. Clearance merchandise from Hudson's Bay store is featured, including merchandise from luxury womenswear department, The Room.
Hudson's Bay Outlet will face increased competition, as Nordstrom plans to open as many as 20 Nordstrom Rack locations in Canada, beginning in 2017. Hudson's Bay's parent company will counter this competition, however, as it plans to open as many as 25 Off 5th by Saks Fifth Avenue stores in Canada over the next several years.
A source at Hudson's Bay confirms that the company may open more outlets in selected Canadian cities over the next several years. We'll report more as we learn further details.