I just had to share this exciting new with you today—Hudson's Bay Co. is buying Saks! That's right, a deal was just reached—for $2.9 billion US.
I'm not sure what this means for us, and when we'll be seeing the luxury department store here in Canada, but I know a good news shopping story when I see one! The company plans on opening seven full-line Saks stores and 25 Saks Off Fifth locations thorughout Canada.
First Nordstrom, then this, and now Saks? It's almost too good to be true, don't you think? I know this means that I'll have to be very careful, and I'll have to remind myself about my tips for being a frugal shopper... but that's going to be very hard with the addition of Saks on Canadian soil!
I am so excited to see this beautiful store in Canada. Although in all honestly, the experience of shopping at Saks Fifth Avenue ON FIfth Avenue in NYC—nothing can beat that!
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