Racked is no longer publishing. Thank you to everyone who read our work over the years. The archives will remain available here; for new stories, head over to Vox.com, where our staff is covering consumer culture for The Goods by Vox. You can also see what we’re up to by signing up here.
Though the confirmation from the department store itself is yet to come, Saks Fifth Avenue certainly looks to be making a (large) home for itself at Brookfield Place. The authority that controls the use of the retail/office complex just changed the terms of the ground-floor lease "to allow individual retail tenants to occupy up to 80,000 square feet of space, a move that appears to pave the way for a large department store to open there." But according to its chairman, "It's cloak and dagger, because nobody knows who it is." [Broadsheet via TC]