Our friends at Retail- Insider are reporting that Saks Fifth Avenue will build its Canadian flagship at 44 Bloor Street West in Toronto replacing the 342,000 square foot Hudson’s Bay store. Apparently, the new store will cost an estimate $100 million to build, and will be the second-largest Saks Fifth Avenue in the world.

As more information gets released, we’ll keep you posted.

Source: Retail-Insider