Saks OFF 5TH Announces 2nd Edmonton Location


Saks Fifth Avenue‘s off-price division Saks OFF 5TH has announced that it will open a second Edmonton location, after announcing a first location less than a month ago. Saks OFF 5TH will open about 25 locations Canada-wide before 2018. 

The second Edmonton Saks OFF 5TH location will open at the Skyview Power Centre in the city’s northwest, near the affluent community of St. Albert. The 30,000 square foot store will open in a retail space currently occupied by Home Outfitters, which falls under the same Hudson’s Bay Company ownership umbrella as Saks. The Skyview Power Centre Saks OFF 5TH is expected to open in the spring of 2017, in partnership with landlord Triovest Realty Advisors Incorporated

Last month, Saks announced that it would open a 31,900 square foot Saks OFF 5TH at Edmonton’s South Edmonton Common in September of this year. The Skyview Power Centre OFF 5TH is the 14th announced Canadian OFF 5TH location, and the third for Alberta — an OFF 5TH location is also scheduled to open at Calgary’s CrossIron Mills in September of this year. 


Click above for interactive Google MapClick above for interactive Google Map

Click above for interactive Google Map

Saks OFF 5TH opened its first Canadian stores in southern Ontario in March of this year.  

Alberta will also see the opening of its first full-priced 115,000 square foot Saks Fifth Avenue store in January of 2018 at Calgary’s CF Chinook Centre. Sources at Hudson’s Bay Company say that they expect Calgary to be the only Alberta city to have a full-priced Saks store. Saks Fifth Avenue opened its first two Canadian stores in February of this year in Toronto (CF Toronto Eaton Centre and CF Sherway Gardens) and a Vancouver store announcement is expected soon, according to sources at Hudson’s Bay Company. 

Canadian Retail News From Around The Web: June 8, 2016



Article Author

Craig Patterson
Craig Patterson
Now located in Toronto, Craig is a retail analyst and consultant at the Retail Council of Canada. He's also the Director of Applied Research at the University of Alberta School of Retailing in Edmonton. He has studied the Canadian retail landscape for the past 25 years and he holds Bachelor of Commerce and Bachelor of Laws Degrees. He is also President & CEO of Vancouver-based Retail Insider Media Ltd.

More From The Author

Exterior of Psycho Bunny store in the US. Photo: Psycho Bunny

Edgy Men’s Fashion Brand ‘Psycho Bunny’ to Open Canadian Stores

The unique brand, known for its polo shirts with a logo featuring a maniacal-looking rabbit over a skull and bones, will launch standalone stores for the first time in Canada.
Rendering of 1140 Yonge Street. Designed by Audax for Devron Developments. Rendering: Urban Toronto

Landmark Mixed-Use Development in Toronto’s Rosedale Area to Feature Unique Retail...

A former Staples store, which once hosted TV shows Front Page Challenge and Mr. Dressup, will be redeveloped into a stunning residential building with unique commercial space at its base.

RECENT RETAIL INSIDER VIDEOS

2 COMMENTS

LEAVE A REPLY

Please enter your comment!
Please enter your name here

RECENT ARTICLES

Edgy Men’s Fashion Brand ‘Psycho Bunny’ to Open Canadian Stores

The unique brand, known for its polo shirts with a logo featuring a maniacal-looking rabbit over a skull and bones, will launch standalone stores for the first time in Canada.

How a Small Retailer in the BC Interior Amassed Over a Million Social Media Followers in 4 Months

JJs Fashions in Trail began posting videos about its "hot boss" leading to explosive growth in social media interaction and brand awareness.

Canadian Retail News From Around The Web For March 2, 2021

Holt Renfrew launches campaign with Jordan Alexander, Walmart ghost kitchens, Montreal landlord defends 75% rent increase for bookstore, Portage Place redevelopment in Winnipeg in jeopardy, and other news.

Subscribe

* indicates required
Get Connected

MOST-READ ARTICLES

International Retailers Continue to Enter Canadian Market Despite Pandemic [List/Analysis]

Retail Insider analysis of the international retailers that have entered Canada over the past 12 months as the industry looks to an uncertain future.

Canadian Footwear Brand Maguire Opens First Toronto Store

The Montreal company anticipates lower rents and as a result, plans to selectively open more locations while also significantly growing e-commerce.

Big Changes Coming for Canadian Grocery in 2021 and Beyond: Expert

Expansion of omnichannel development and greater use of predictive analytics and machine learning to help shape the grocery experience of tomorrow.
- Advertisement -
- Advertisement -
- Advertisement -