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.

Lead photo by

Hector Vasquez


Latest Videos



Latest Videos


Join the conversation Load comments

Latest in Fashion & Style

The Body Shop to shutter 33 Canadian stores including 5 in Toronto

Toronto-area Value Village under fire for prohibiting filming and cameras

Uniqlo opening massive new store in Toronto mall this weekend

Massive craft festival happening in Toronto next month with over 400 vendors

Toronto retail chain receives barrage of bad reviews for allegedly not paying vendors

Shoppers Drug Mart yet again facing backlash for shockingly overpriced items in Toronto

IKEA is opening new Ontario locations of their latest concept store

Trendy nail salon will be forced to move locations to make way for new hotel in Toronto