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Saks to close most of its Off 5th and Last Call discount stores | CNN Business

https://www.cnn.com/2026/01/29/business/saks-discount-stores-closureshttps://nypost.com/2026/01/29/business/saks-off-5th-to-close-most-stores-liquidation-sales-start-saturday/https://www.cbsnews.com/news/saks-off-fifth-stores-bankruptcy-going-out-business-sales/
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Saks to close most of its Off 5th and Last Call discount stores | CNN Business Open in Cnn.com
Highlights
  • Saks Off 5th will shutter most of its stores to cut costs and focus on higher-income customers amid bankruptcy.
  • Only 12 of 70 Saks Off 5th locations will remain open, primarily as outlets for residual inventory rather than active retail channels.
  • Saks Global will wind down Saksoff5th.com and move away from purchasing merchandise directly for Saks Off 5th.

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References

Saks Off 5th to close most stores following bankruptcy — as liquidation sales start Saturday

Saks Off 5th to close most stores following bankruptcy — as liquidation sales start Saturday

Saks to shutter most Saks Off 5th stores as bankrupt retailer cuts costs

Saks to shutter most Saks Off 5th stores as bankrupt retailer cuts costs

Majority of Saks OFF 5TH stores to close amid bankruptcy

Majority of Saks OFF 5TH stores to close amid bankruptcy

Saks OFF 5th confirms almost all stores will close after bankruptcy filing

Saks OFF 5th confirms almost all stores will close after bankruptcy filing

Saks to shutter 62 stores as it sets date for massive clearance sale

Saks to shutter 62 stores as it sets date for massive clearance sale

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