*New store design rendering via Hudson's Bay Company/Saks Fifth Avenue*

Saks Fifth Avenue's off-price division Saks OFF 5TH will open its first Western Canadian location at Calgary's CrossIron Mills. Opening in September of 2016, the 30,000 square foot store is the fourth Canadian location confirmed by Saks, which plans to operate up to 25 OFF 5TH locations in Canada over the next five years and open as many as eight locations in 2016.

The store will reflect OFF 5TH's redesigned aesthetic, which features an open and modern layout. The store will carry more than 800 brands, according to Saks. New arrivals will be shipped to the store daily.

*Rendering via Hudson's Bay Company/Saks Fifth Avenue*

CrossIron Mills is Calgary's only outlet concept. The 1.2 million square foot centre sees about 9 million visitors annually and has yearly sales of in excess of $300 million.

Saks OFF 5TH's first Canadian locations will include a 28,000 square foot location at Tanger Outlets Ottawa, a 32,500 square foot store at Outlet Collection at Niagara in Niagara-on-the Lake, Ontario, as well as a 35,000 square foot location at Vaughan Mills, just north of Toronto. All locations will open in the spring of 2016, along with full-priced Saks Fifth Avenue stores at Toronto Eaton Centre and Sherway Gardens.

Canadian Retail News From Around The Web: August 21, 2015