Saks Off 5th to Open in Ottawa

Rendering: Saks Fifth Avenue.

According to the Ottawa Tanger Outlets website, Saks Fifth Avenue Off 5th will anchor the new Ottawa outlet centre. According to staff at Tanger, Saks' discount store could open as early as this spring. 

Tanger's website indicates that Saks Off 5th will occupy the mall's largest space, unit 750. Lease plans provided by RioCan REIT indicate that at least one more anchor space is available, with some speculating that Nordstrom Rack will join Saks in the Ottawa outlet centre in 2017. 

Floorplan: Tanger Outlet Ottawa. Click Image for entire directory. 

Lease Plan: RioCan REIT. Click Image for PDF plan

Off 5th is the discount division of luxury department store Saks Fifth Avenue. Off 5th locations are typically in the 20,000 to 35,000 square foot range. According to Hudson's Bay Company CEO Richard Baker, as many as 25 Off 5th locations could open in Canada over the next several years. 

Screenshot of Tanger's website. Click image to go to actual page. 

Saks Fifth Avenue, itself, plans to operate as many as seven Canadian stores. Two Toronto locations are already confirmed: a 150,000 square foot store within Hudson's Bay at Toronto Eaton Centre, as well as a 130,000 square foot location at Sherway Gardens. Both will feature 25,000 square foot food halls operated by upscale grocer Pusateri's. 

Hudson's Bay Company declined to provide comment for this article, or to confirm details of this or other Saks Off 5th store openings. 

Ottawa's Tanger Outlets opened in October of 2014. The 350,000 square foot centre features about 75 retailers. 

We'll update you when we learn more on Saks Fifth Avenue Off 5th Canadian store expansion. 

Today's Retail News From Around The Web: January 20, 2015

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