Saks Global, the bankrupt company behind Saks Fifth Avenue, Neiman Marcus, and Bergdorf Goodman, is closing the majority of its off-price locations, Saks Off 5th and Last Call.
In January, Saks Global filed for Chapter 11 bankruptcy protection following a year marked by missed payments and restructuring. The company owes hundreds of millions of dollars to brands like Chanel and LVMH.
As part of its turnaround plan, Saks is “sharpening its focus on luxury” and closing the majority of its outlets, the company said in a statement.
“We are taking decisive steps to realign our business to better serve our luxury customers,” Geoffroy van Raemdonck, Saks Global’s new CEO, said. “With these actions, we will be well-positioned to seize the greatest opportunities for long-term growth and value creation.”
All Last Call stores are set to close at the end of January, and 23 Saks Off 5th locations will close on February 2. The remaining 34 Saks Off 5th locations will begin holding closing sales on January 31.
Saks Off 5th’s website, a separate legal entity from Saks Global, is also preparing to close, with a sale beginning on January 30.
Twelve Saks Off 5th locations are expected to remain open, including six in Florida and two in New York.
Earlier in January, Saks shut down a facility in Florida and said it would lay off at least 74 positions.
Here is the full list of Saks Off 5th and Last Call locations closing:
Saks Off 5th locations holding closing sales starting January 31:
1. Arundel (Hanover, MD)
2. Hawaii (Honolulu, HI)
3. Palm Desert (Palm Desert, CA)
4. Scottsdale (Scottsdale, AZ)
5. Phoenix (Chandler, AZ)
6. Eastchester (Eastchester, NY)
7. Bridgewater (Bridgewater, NJ)
8. Clarksburg (Clarksburg, MD)
9. Deer Park (Deer Park, NY)
10. Shrewsbury (Shrewsbury, NJ)
11. Elizabeth (Elizabeth, NJ)
12. Boston (Somerville, MA)
13. Wrentham (Wrentham, MA)
14. Orlando Vineland (Vineland, FL)
15. Naples Park Shore (Naples, FL)
16. Orlando (Orlando, FL)
17. Tampa (Lutz, FL)
18. Ellenton (Ellenton (Tampa), FL)
19. Destin (Destin, FL)
20. Charlotte (Charlotte, NC)
21. Atlanta (Woodstock, GA)
22. Hilton Head (Bluffton, SC)
23. Rosemont (Rosemont, IL)
24. Cypress (Cypress, TX)
25. Sugarland (Sugarland, TX)
26. Katy (Katy, TX)
27. Costa Mesa (Costa Mesa, CA)
28. Beverly Connect (Los Angeles (West), CA)
29. Woodland Hills (Woodland Hills, CA)
30. Las Vegas N (Las Vegas, NV)
31. Livermore (Livermore, CA)
32. San Antonio (San Antonio, TX)
33. Cabazon (Cabazon, CA)
34. Las Vegas S (Las Vegas, NV)
Saks Off 5th locations closing February 2:
1. Mebane (Mebane, NC)
2. Charleston (Charleston, SC)
3. Grand Prairie (Grand Prairie, TX)
4. Ala Moana (Honolulu, HI)
5. Petaluma (Petaluma, CA)
6. Glendale (Glendale, AZ)
7. Tucson (Tucson, AZ)
8. Merrimack (Merrimack, NH)
9. Riverhead (Riverhead, NY)
10. Clinton (Clinton, CT)
11. North Atlanta (Woodstock, GA)
12. Aurora Chicago (Aurora, IL)
13. Dallas Park (Dallas, TX)
14. Northbrook (Northbrook, IL)
15. Eagan (Eagan, MN)
16. Columbus (Columbus, OH)
17. San Diego (San Diego, CA)
18. Camarillo (Camarillo, CA)
19. Ontario (Ontario, CA)
20. Milpitas (Milpitas, CA) 21. State Street (Chicago, IL)
22. Stamford High Ridge (Stamford, CT)
23. Greenburgh (Greenburgh, NY)
Last Call locations holding closing sales:
1. Sawgrass Mills (Sunrise, FL)
2. Desert Hills Premium Outlets (Cabazon, CA)
3. Grapevine Mills (Grapevine, TX)
4. San Marcos Premium Outlets (San Marcos, TX)
5. The Outlets at Orange (Orange, CA)
Read the original article on Business Insider
The post Saks is closing dozens of Off 5th and Last Call locations. Here’s the full list. appeared first on Business Insider.
