MajorsFeb 12, 2026
These 8 Saks Fifth Avenue Stores Are ClosingMajorsMar 10, 2026
Saks Global to Close 15 More Stores
The retailer also gave an update on its vendor partnerships.
Saks Global is closing an additional 15 stores as part of its restructuring.
New York—Saks Global is closing more stores as part of its reorganization after filing for Chapter 11 bankruptcy protection in January.
The retailer announced Friday that it will close an additional 15 stores, including 12 Saks Fifth Avenue and three Neiman Marcus locations.
According to a list shared by Saks Global, the following Saks Fifth Avenue locations are closing:
Beachwood Place in Beachwood, Ohio;
Wisconsin Avenue in Chevy Chase, Maryland;
Michigan Avenue in Chicago;
South Coast Plaza in Costa Mesa, California;
Las Vegas Boulevard in Las Vegas;
Huntington Station on Long Island, New York;
The Gardens on El Paseo in Palm Desert, California;
Triangle Town Center in Raleigh, North Carolina;
North Star Mall in San Antonio, Texas;
The Mall at University Town Center in Sarasota, Florida;
Plaza Frontenac in St. Louis, Missouri; and
Tysons Galleria in Tysons, Virginia.
The following Neiman Marcus stores are closing:
Ala Moana in Honolulu, Hawaii;
Topanga in Canyon Park, California; and
Westchester in White Plains, New York.
The company said it would support the affected employees through the transition and provide transfer opportunities where available.
These 15 store closures are in addition to the closures announced last month, which included eight Saks Fifth Avenue locations and one Neiman Marcus store.
Saks Global announced earlier this year that it would be closing most of its Saks Off 5th retail locations and Last Call stores. It also closed 14 of its Fifth Avenue Club personal styling suites.
Customers looking for its designer furniture and home decor retailer Horchow will also be redirected to the home category on the Neiman Marcus website.
There are currently no changes planned for the Bergdorf Goodman brand, according to Saks Global.
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The retailer announced Friday that it will close an additional 15 stores, including 12 Saks Fifth Avenue and three Neiman Marcus locations.
According to a list shared by Saks Global, the following Saks Fifth Avenue locations are closing:
Beachwood Place in Beachwood, Ohio;
Wisconsin Avenue in Chevy Chase, Maryland;
Michigan Avenue in Chicago;
South Coast Plaza in Costa Mesa, California;
Las Vegas Boulevard in Las Vegas;
Huntington Station on Long Island, New York;
The Gardens on El Paseo in Palm Desert, California;
Triangle Town Center in Raleigh, North Carolina;
North Star Mall in San Antonio, Texas;
The Mall at University Town Center in Sarasota, Florida;
Plaza Frontenac in St. Louis, Missouri; and
Tysons Galleria in Tysons, Virginia.
The following Neiman Marcus stores are closing:
Ala Moana in Honolulu, Hawaii;
Topanga in Canyon Park, California; and
Westchester in White Plains, New York.
The company said it would support the affected employees through the transition and provide transfer opportunities where available.
These 15 store closures are in addition to the closures announced last month, which included eight Saks Fifth Avenue locations and one Neiman Marcus store.
Saks Global announced earlier this year that it would be closing most of its Saks Off 5th retail locations and Last Call stores. It also closed 14 of its Fifth Avenue Club personal styling suites.
Customers looking for its designer furniture and home decor retailer Horchow will also be redirected to the home category on the Neiman Marcus website.
There are currently no changes planned for the Bergdorf Goodman brand, according to Saks Global.
The store closures will allow Saks Global to better focus on its capabilities and competitive advantages, the company said, while investing in ways to better serve its customers, drive full-price selling, and bolster brand equity.
“This strategic optimization is part of our ongoing transformation and rooted in our long-term view of our business,” Saks Global CEO Geoffroy van Raemdonck said.
Its store portfolio going forward will include the top performers and the most desirable locations with the highest concentration of luxury customers, he said.
“With a refined footprint, we are creating a stronger platform for our brand partners and an even more compelling customer experience as we focus on investing in the luxury experience, sharpening the differentiation of our coveted banners, and fully leveraging our prime owned and other retail locations."
With the announcement of these closures, Saks Global said it has “largely completed” the optimization of its store network but is working with landlords to make final decisions about any additional store closures.
Saks Global said it has improved its liquidity position, with access to approximately $825 million of $1.75 billion in committed capital.
This has funded new orders with brand partners, which the retailer said has “strengthened dialogue with brand partners and reinforced their confidence in the company’s strategic direction.”
Saks has struggled to pay its vendors, including numerous jewelry designers and brands, which has taken a toll on its partnerships.
Shipping has resumed with more than 500 brands, the retailer said, releasing around $1.3 billion in retail receipts, which accounts for 80 percent of the inventory it expects to receive in the February-April period.
The company has reached or nearly reached agreements with more than 175 brands and is “committed to having equally productive discussions with more brand partners.”
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