US EditionPublished • loading... • Updated
Saks Off 5th Is Closing 9 Store Locations. See the List.
Saks Off 5th will close nine of its 79 stores to focus on high-performing locations, starting January 2026, affecting key cities across the U.S., the company said.
- Next year, Saks Off 5th will close nine of its 79 locations, affecting Austin, Chicago, East Hanover , Niagara Falls , and Pittsburgh North .
- Saks Global said the closures follow an extensive store fleet analysis covering market dynamics, lease expirations and customer behavior, framing the move as an effort to 'optimize' its presence.
- Stores will remain open through the holiday season, and Saks Off 5th is piloting initiatives and investing in better-performing stores to elevate its selling model and assortment, the company said.
- As part of a shakeup disclosed last month, Kim Miller moved from president of Saks Off 5th to chief customer officer at Saks Global, while Genny Siller was promoted to senior vice president and general manager of Saks Off 5th, reporting to CEO Marc Metrick.
- Amid retail pressures and inflation, Saks Global's vendor and inventory issues hurt its off-price business, while competitors Nordstrom Rack and TJ Maxx may benefit from sustained off-price demand.
Insights by Ground AI
14 Articles
14 Articles
Saks Off Fifth is closing main NYC store — and 9 other locations in the US
It's a sad day for savvy shoppers and the end of an era, some might say. Saks Off Fifth, the off-price department store and sister to Saks Fifth Avenue, is closing nine stores across the US, with several in the tri-state area.
·New York, United States
Read Full Article
This major discount retailer to close stores across U.S., report says
Saks Off 5th, the luxury off-price retailer that offers designer and brand-name merchandise at discounted prices, will shutter nine stores nationwide beginning in January 2026, USA Today has reported.
·Richmond County, United States
Read Full Article
The Tennessean+2 Reposted by 2 other sources
Saks Off 5th is closing 9 store locations. See the list.
The retailer currently operates approximately 100 stores across the U.S. and Canada
·Nashville, United States
Read Full ArticleCoverage Details
Total News Sources14
Leaning Left3Leaning Right1Center8Last UpdatedBias Distribution67% Center
Bias Distribution
- 67% of the sources are Center
67% Center
L 25%
C 67%
Factuality
To view factuality data please Upgrade to Premium
