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.
Related stories will be right here …
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.”
More on Majors
The Latest
IndependentsSep 08, 2026
Ricky Bromberg, Longtime President of Bromberg & Co., Dies at 67 Bromberg is remembered as a Southern gentleman who always wore a suit and tie and treated others with kindness.
TrendsSep 08, 2026
Amanda’s Style File: A Hot Take on September’s Birthstone With high durability and a wide range of colors to choose from, sapphires may be the ultimate birthstone, Gizzi claims.
ColumnistsSep 08, 2026
Peter Smith: Humor Is No Laughing MatterLaughter is often considered a distraction in the workplace, but it has benefits for both staff and management, Peter Smith writes.
Brought to you by
Your Piece Could Be the One Editors Talk AboutSubmit your pieces for a chance to win in this year's competition.
IndependentsSep 04, 2026
Orloff Jewelers Will Soon Unveil a Bigger, Better LocationThe California jeweler is renovating its store in Fresno, with plans to show off the new space in December.
Weekly QuizSep 03, 2026
This Week’s QuizTest your jewelry news knowledge by answering these questions.
CollectionsSep 04, 2026
Chelsea Gabrielle Transforms Pilates Reformer Springs Into Ring A lifelong practitioner of Pilates, Gabrielle looked to the springs’ tension and suspension when creating this ring, our Piece of the Week.
Events & AwardsSep 04, 2026
JCK Industry Fund Accepting 2027 ApplicationsThe deadline to apply is Nov. 13.
Brought to you by
Why More Jewelry Retailers Are Hosting Turnkey Estate Buying EventsRetailers are seeking new ways to attract customers, increase traffic, and create revenue – Estate buying events are a popular solution.
AuctionsSep 04, 2026
Christie's Names New Global Head of WatchesThe auction house has promoted Remi Guillemin, formerly its head of watches for the Americas and EMEA, to the role.
EditorsSep 03, 2026
Q&A: Simon G.’s CEO on Why He Won’t Use AI for Jewelry DesignZaven Ghanimian discussed the value of human craftsmanship and where the implementation of artificial intelligence does work.
Events & AwardsSep 03, 2026
Here Are the First Recipients of Nina Pugliese Memorial Scholarship Jewelers of America also revealed the recipients of the Seymour & Evelyn Holtzman Bench Scholarship and its own scholarship programs.
WatchesSep 03, 2026
Robert Pattinson Joins Jaeger-LeCoultre as Brand AmbassadorThe British actor, known for his roles in “Twilight” and “The Odyssey,” will star in a campaign for the Master Control Chronometre.
CollectionsSep 03, 2026
Sydney Evan Celebrates 25 Years With 4 New CollectionsThe “Confetti Disco,” “Champagne Cheers,” “Tuxedo,” and “Classic Punk” jewelry collections each capture a distinct spirit of celebration.
CrimeSep 02, 2026
CA Jeweler Gets 5 Years in ‘Phantom Rolex’ Ponzi SchemeNelson Holdo of Newport Beach pleaded guilty to multiple counts of felony grand theft and writing bad checks and was sentenced Monday.
AuctionsSep 02, 2026
If You Love Cats, This Jewelry Auction Is for YouCat ladies of the jewelry world, unite. Sandy Lerner’s “significant” collection of cat jewelry and other objects is going up for auction.
Events & AwardsSep 02, 2026
Emerald’s New Owner Introduces ‘Glitter in the Grove’The branding references the back-to-back jewelry shows that new parent company Forge will host in Miami's Coconut Grove this November.
AuctionsSep 01, 2026
UK Woman Uncovers Rare Patek Philippe Watch in Mom’s Jewelry BoxThe stainless steel Patek Philippe “Calatrava” watch from the 1930s sold for nearly $80,000 at a recent Hansons Cornwall auction.
ColumnistsSep 01, 2026
Your Jewelry Marketing Has a Bridal ProblemEngagement rings are important but don’t ignore the customers who are buying jewelry “just because,” Emmanuel Raheb writes.
MajorsSep 01, 2026
Kering Names New Pomellato, DoDo CEOsFormer Pomellato CEO Sabina Belli has been named president of Kering Italia amid a shakeup of Kering's new Jewelry division.
MajorsSep 01, 2026
Anne Marie Shulman Joins GPA GlobalThe veteran luxury packaging executive was appointed to help the company grow its North American business.
CrimeAug 31, 2026
$4M Van Cleef & Arpels Diamond Necklace Snatched From Vienna Museum Once the property of an Egyptian queen, the necklace was part of a larger exhibition of VCA jewelry at the Museum of Applied Arts (MAK).
GradingAug 31, 2026
GIA, Gübelin Gem Lab Confirm New Paraíba Tourmaline Deposit in EthiopiaThe labs’ separate investigations each determined that the East African country is producing copper-bearing tourmaline.
Events & AwardsAug 31, 2026
Wisconsin Museum to Host Jewelry Exhibition“Chicago Collects: Jewelry in Perspective” at the Oshkosh Public Museum will feature works by Fabergé, Lalique, and Louis Comfort Tiffany.
CollectionsAug 31, 2026
Catbird Launches First Men’s Jewelry CollectionThe “Worn Well” collection is Catbird's take on classic men's jewelry.
CollectionsAug 28, 2026
Dolly Parton Would Have Loved This Butterfly Necklace This Buddha Mama butterfly is our Piece of the Week honoring the legend, who embraced the beautiful insect as her symbol.
SourcingAug 28, 2026
Gareth Penny to Give Opening Speech at CIBJO Centenary CongressThe former De Beers CEO, and perhaps its next owner, will be a featured speaker at the event, slated for Sept. 4-7 in Italy.
IndependentsAug 28, 2026
Day’s Jewelers Honored With 3 Workplace AwardsThe employee-owned jeweler was named a “Best Place to Work” in Maine, New Hampshire, and for women.
