Saks Fifth Avenue Eaton Centre

Saks Fifth Avenue coming to Yonge & Queen

Saks Fifth Avenue is coming to the Eaton Centre. Well, almost. Technically set to open across the street at Yonge and Queen, with the announcement that Hudson's Bay has sold its flagship location to Cadillac Fairview, operator of the neighbouring mall, it's about as close to being a part of the Eaton Centre as you can get. The Bay will lease back its retail space for a minimum of 25 years as part of the deal.

Previously, HBC planned to open a Saks flagship store at Yonge and Bloor and was considering locations at Sherway Gardens and Yorkdale Mall, but there hadn't been much speculation about a downtown store. It's unclear how Saks will split space with the existing Bay, but the future location has been described as "full-service." With recent news that Nordstrom is set to revitalize the soon-to-close Sears space at the north end of the mall, a major injection of US retail is on its way for the Eaton Centre.

Photo by David Cantatore in the blogTO Flickr pool.


Join the conversation Load comments

Latest in Fashion & Style

10 stores for used and cheap appliances in Toronto

City council to look at limiting chain stores in Toronto

Uniqlo gives big boost to small Toronto brands

Nike is throwing a secret party in Toronto

Toronto's most famous salvage shop being kicked out for a condo

Star Wars like space bar home to Toronto's weirdest party

Now you can get Drake and Toronto themed cases for your iPhone

The top 10 used office furniture in Toronto