Hudson's Bay Company CEO Richard Baker says that he expects up to 7 Saks Fifth Avenue stores to open in Canada. He also says he wants them to open quickly. The quickest and most cost effective way to do this would be to open Saks within existing Hudson's Bay store space.
|Recently renovated designer floor at Saks, Manhattan. [Image Source]|
Yesterday we reported on our initial speculation as to where we think Saks stores could open in Canada. We'll periodically update our opinions.