Feb 10, 2016

By Bob Komsic

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The date is not yet known, but luxury retailer Holt Renfrew has announced it’s closing its location at Sherway Gardens.
Holt Sherway
The announcement comes as Saks Fifth Avenue prepares to open at the Etobicoke mall February 25.
Holt Renfrew staff at Sherway Gardens will be relocated to its new store at Square One.
Holt Square One
The Mississauga location will be nearly four times larger than the one at Sherway Gardens.
The two-storey, 130,000 square foot store is scheduled to open this summer.
Holt Renfrew President Mark Derbyshire says Holt’s is focusing on flagship markets and larger stores.
Saks Fifth Avenue is to open its first store in Canada at the Eaton Centre February 18, followed by Sherway the following week.
Meanwhile, another U.S. based retailer, Seattle’s Nordstrom is scheduled to open at Sherway in the fall of 2017.
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