A general view of a Saks Fifth Avenue store in Deer Park, New York. Bruce Bennett/Getty ImagesLuxury retailer Saks Global Enterprises LLC is shutting down nine stores across the United States in a bid to strengthen retail positioning and drive “profitable and sustainable growth,” the company said in a Feb. 10 statement.Eight Saks Fifth Avenue stores and one Neiman Marcus store will be shut down, the company said. The Fifth Avenue stores, scheduled for closure, are located in eight different states: Alabama, Arizona, Louisiana, New Jersey, Ohio, Oklahoma, Pennsylvania, and Virginia. The Neiman Marcus store is located in Massachusetts. Saks had acquired the Neiman Marcus brand in 2024.
25.2
C
Ottawa
Wednesday, May 20, 2026
The Alliance Press is the world leader in online chained news and information and seeks to inform, engage and empower the world. We expose the information that wasn't known before or current events broadcast over the radio, television, online or in print media. Our content is now available through your mobile phone. No matter where your on-the-go lifestyle takes you, TAP brings the news directly to you.
More from CN
Contact
© The Alliance Media Group design by CODEUS