FASHION Magazine
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L.L. Bean is Launching Standalone Stores in Canada + More Fashion News
View this post on Instagram Spooky, but cozy. Happy Halloween! #BeanOutsider (?: @eightine) . . . . #Halloween #catsofinstagram #beanboots A post shared by L.L.Bean (@llbean) on Oct 31, 2018 at 5:23am PDT L.L. Bean is Launching Standalone Stores in Canada If you, like me, spent hours of your childhood flipping though the L.L. Bean […]
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Saks Fifth Avenue to open at Hudson’s Bay Queen Street in Toronto
Saks Fifth Avenue is determined to rock the socks off of Toronto shoppers when it opens its first locations in Canada next year. In December, it was announced that Saks would take over Hudson’s Bay Bloor Street, and now it’s been revealed that it will take on Queen Street. The Globe and Mail is reporting […]
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Nordstrom to replace Toronto Eaton Centre’s former Sears flagship
As US retailers continue their north of the border barrage, a bit more fuel to the fire comes via today’s announcement that Nordstrom will take over the former Toronto Eaton Centre Sears flagship. Excitement! The swap has been suspected since Sears announced it was closing the location in October and now we’ll have two years of construction anticipation to look forward to before Nordstrom opens in Fall 2016.
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Saks Fifth Avenue announces Bloor Street location: Details of the latest Canadian retail entry
Blame it on cross border Thanksgiving sluggishness, but two days have passed since a pretty major Canadian retail announcement and the buzz seems yet to hit. Saks Fifth Avenue is not only confirmed as coming to Canada, but its first location has been revealed as the current Hudson’s Bay megastore on Bloor Street in Toronto. Amidst an influx of US retail entry to Canada including Target and Nordstrom, Saks is just the latest giant to tango with the existing landscape, one that has recently seen Sears tumble and cause Holt Renfrew to ramp up store expansions by 40%. The news also comes as a natural follow to the Hudson’s Bay Co. purchase of Saks for $2.4 billion earlier this year.
According to a Globe and Mail profile published on Wednesday, the shakeup is due to Richard Baker, the 48-year old majority owner of HBC, whose private equity firm NRDC (National Realty & Development Corp) also owns US chain Lord & Taylor. The magnate was the brain behind the Zellers location selloff to Target in 2011, just one of the company’s brainiac moves which also include launching in-store partnerships with Topshop and Kleinfeld Bridal.
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Get ready! Nordstrom officially announces 4 locations to open across Canada
Rumours that Nordstrom is coming to Canada have been circulating for months and today, finally, the American retailer confirmed that they are indeed setting up shop across the country. The mid- to high-end range department store will be setting up shop in three of Sears’ former locations: Calgary’s Chinook Centre, Vancouver’s Pacific Centre and Ottawa’s […]
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