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Saks Fifth Avenue Unveils Plans for First Two Stores in Canada

New York and Toronto — Saks Fifth Avenue is revealing details about the previously announced opening of two full-line Saks Fifth Avenue stores in Toronto, Canada. The 163,000-square-foot location in the Eaton Centre at Queen Street is expected to open on February 18, 2016. A week later, the 150,000-square-foot Sherway Gardens location is anticipated to open on February 25, 2016.

Nilfisk Acquires Hydro Tek

Plymouth, Minn. — Effective November 1, 2015, Nilfisk Group has acquired Hydro Tek, Inc., a leading manufacturer of high-pressure cleaners in North America. U.S.-based Hydro Tek has a strong position in the high-pressure market, and the acquisition significantly increases Nilfisk's market reach in this business throughout North America.

EDENS Names New Chief Operating Officer

Bethesda, Md. — EDENS, one of the nation's largest owners and developers of community shopping centers, has appointed Rob Wyant as chief operating officer. He brings over 30 years of experience in the retail real estate industry, with most of his career spent at General Growth and Westfield. 

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