Saks Fifth Avenue (aka. shoe heaven) © BrokenSphere / Wikimedia Commons
The girly road trips were fun, I'll admit. And I did enjoy the adrenaline rush of bitchy border guard tête-à-têtes. But yesterday's retail announcement means that our frenzied cross-border shopping trips will be the things we only tell our grandkids about.
Me: "When Grandma was a girl, we would head to the States for something they called 'Black Fridaaay...'
Grandkids: "Ooooh! Tell us more, Grandma!"
Me: "I almost got trampled to death 5 times, just to save $5 on a pair of pumps. We would shop for back-to-school clothes all through the night when everyone else was sleeping. Once I almost lost a kidney when another woman and I duked it out over a Prada clutch. Luckily, I had the most vicious elbows in the place."
WWD reported yesterday that as suspected, Hudson's Bay has agreed to buy Saks Fifth Avenue for a whopping $2.9 billion. Saks could open up to seven full line stores and 25 Off-5th outlets in Canada, according to Richard Baker, CEO of Hudson’s Bay Company.
“We are going to move as quickly as we can,” Baker said in reference to bringing Saks to Canada. “There is a lot of opportunity to accomplish that rollout very quickly.” Read: Nordstrom is coming, so we've got to bust it.
Um, SO awesome, right? Are you as excited as I am? Anyone want to arrange a little shoe shopping trip when it opens? I'll be sure to keep you in the loop as I hear more Saks news!
xx