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prada bridal shoes Nordstrom, which will open its first Canadian location at the Chinook Centre in Calgary in 2014, will be good for business.Bay is a promotional retailer. Every day there a different kind of exciting promotion going on, and that what drives our business. Nordstrom is a full price retailer with a sale twice a year. So what going to happen is that they going to open a big, beautiful store in Chinook and it going to be gorgeous and it going to be filled with fantastic sales associates and it going to be really expensive. And the customer is going to walk through it and say, is beautiful, but I better go make sure I can buy the same thing at Hudson Bay on sale, or I going to get points or I going to get a deal or a discount.Hudson Bay buying Saks for aboutSaks Inc. agreed to sell itself to Hudson Bay Co., the Canadian parent of upscale retailer Lord Taylor, for about $2.4 billion in a deal that will bring luxury to more North American locales. and Canada.Lord Taylor and Hudson Bay, Canadian biggest department store chain, both cater to well heeled shoppers who can afford $98 Free People blouses and $250 Coach handbags. Saks customers, on the other hand, are more affluent and can shell out $800 for Christian Louboutin heels or a couple of thousand dollars for Gucci handbags.During a conference call with investors on Monday, Hudson Bay Chairman and CEO Richard Baker said the goal is to bring Saks luxury brand into Canada.The company plans to open seven Saks Fifth Avenue stores and 25 Off Fifth outlet stores to Canada, while creating a Saks website targeted to Canadians. Hudson Bay also plans to renovate Saks stores and to make the brand morethe addition of Saks, Hudson Bay will offer consumers an unprecedented range of retailing categories and shopping experiences, Baker said.Hudson Bay is making a play for luxury at a time when shoppers still appear to be willing to shell out money for posh handbags and clothing despite global economic challenges. Global luxury sales, including higher end jewelry and clothes, rose an estimated 10 percent to $281.96 billion last year, according to the latest study from Bain Co. In North America, luxury sales were up an estimated 12 percent