Saks Global Store Closures: 15 More Locations Shutting Down 2026

Saks Global closes 15 more stores as part of restructuring

The luxury retailer, which owns Saks Fifth Avenue, Neiman Marcus and Bergdorf Goodman department store chains, is nearing the end of its ‘store optimisation’ plans with a fresh wave of store closures

Saks Global to close 15 additional stores amid restructuring

Saks Global will close 15 more stores as it moves to cut losses and focus on more profitable locations after filing for bankruptcy this year.The post Saks Global to close 15 additional stores amid restructuring appeared first on Retail Insight Network.

Saks Global Store Closures: 15 More Locations Shutting Down 2026

Saks Global is tightening its belt even further as it works through a massive Chapter 11 bankruptcy. On Friday, the luxury giant announced it will pull the plug on 15 more department stores, 12 Saks Fifth Avenue locations and three Neiman Marcus spots. The move is part of a larger plan to dump underperforming real estate and double down on the high end markets that actually turn a profit. The closures hit hard in major retail hubs, with stores i…