Saturday , November 28 2020

Decathlon to replace the Saks Off Fifth Shop in Montreal Eaton Center business



TORONTO – Decathlon, a European sports chain, replaces Saks Off Five in a spot over two floors at the Montreal Eaton Center.

The Hudson Bay Company says that the developer Ivanhoe, the developer and the center, have agreed with each other not to open the Saks Off Fifth placement now.

The Toronto-based shopkeeper owner tells The Canadian Press that plans for the location have been left "due to a number of factors," but he refused to disclose what those factors were.

A spokeswoman for the owner of Montreal Eaton confirmed that the shop would not open, but it also gave no reason why.

Decathlon, a sports goods shop in France, will open next fall, the first for the city's location in Canada.

"This city center location, which is a relatively new way for us, will enable us to achieve even more effective on our brand promise, making sport accessible to as many people as we can , "Tristan Sell of Decathlon Canada says in the news release.

Vice President of Leasing Ivanhoe, Cambridge, Jean Landry, said that the opening of Decathlon is one of the highlights of his $ 200 million regeneration project for a once-owned property of the Eaton department store and the nearby center.

Decathlon operates more than 1,400 shops in 42 countries and generates nearly $ 13 billion in annual sales.

In addition, Europe-based Time Time Out will open in Canada for the first time in the center. It will offer 16 food options, two bars, a demo kitchen, a cooking academy and a retail shop.

HBC announced late in 2015 that the discount of goods and accessories of a discount designer and other goods would open in the center in 2018, as part of the brand expansion in Canada.

The company said the shop would take over 4,165 square meters (44,850 square feet) at the Montreal Eaton and Complexe Les Ailes centers that combined in 2016.

HBC says it operates 18 Fifth Saks Off locations in Canada in cities including Ottawa, Winnipeg and Niagara-on-the-lake, Vaughan and Pickering, Ont.

Companies in this story: (TSX: HBC)

The Canadian Press




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