Saks Fifth Avenue has announced that they will be opening their third Canadian location right here in Calgary.
The luxury retailer made the announcement on Tuesday, saying it would be moving into the free space available in Chinook Centre.
The company currently has two stores in Canada, both of which are in Toronto.
There are plans to open seven stores across the country, but the Calgary location is the first in western Canada.
President Marc Metrick said the chain wants to open stores where the location is right, the customer base lives and the company is able to deliver a consistent Saks brand experience.
He said Calgary fits the criteria and is a logical next step in the company's Canadian expansion, even as the Alberta economy has struggled amid a protracted downturn in oil prices.
It has an opening date of January 2018.
(With files from The Canadian Press)
