Saks Global, which recently filed for bankruptcy, is closing most of its Saks Off 5th locations. The closures are part of a strategy to focus on luxury customers and full-price selling.

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Saks Off 5th is getting deep-sixed. The discount chain is closing 57 stores — the vast majority of its locations — in the coming weeks as part of Saks Global’s recent bankruptcy filing, the company ...

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It’s been a rough start to 2026 for many retailers, and you can add another one to the list. Saks Off 5th, the off-price discount store associated with luxury retailer Saks Fifth Avenue, is closing ...

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Saks Global plans to shutter most of its Sak Off 5th stores as the bankrupt retailer looks to slash costs and cater to higher-income customers. The company said on Thursday that it will close all but ...