The department store sector continues to struggle and while they are attempting to differentiate themselves through private label and exclusives we are also noting a rise of stand-alone stores targeting a certain demographic or classification. Most notably we have seen Saks (TSE:HBC) create specialized stores. Last year Saks also opened “THE COLLECTIVE” store geared towards millennial women with contemporary fashions in Brookfield place and a stand-alone footwear store SAKS