Luxury Daily
The authority in luxury news.
Feb. 12, 2026
  1. Luxury Unfiltered: Why traditional management is killing luxury as an asset class
  2. Raffles creates Printemps-exclusive lifestyle collection
  3. Watches and Wonders Geneva reveals new plans for 2026
  4. Hublot signs Jung Kook of BTS
  5. With ‘Fireflies,’ Valentino finds power in numbers
  6. Porsche Technology Apprentice Program graduates 100th class
  7. Men spend more on luxury, but shop the same amount as women: report
  8. In prestige beauty category, hair outpacing fragrance purchases in US: Circana
  9. Ruinart welcomes 2026 art series partner
  10. Monogram partners with chef, television personality Maneet Chauhan
Comment
  • Email
  • Print
  • Reprints
  • ARTICLE TOOLS SPONSOR

Retail

Saks to close downtown New York store as digital shopping behavior entrenches

December 17, 2018

Saks Fifth Avenue's women's store in Brookfield Place in downtown New York is set to close Jan. 5. Image credit: Saks Saks Fifth Avenue's women's store in Brookfield Place in downtown New York is set to close Jan. 5. Image credit: Saks

 

By Staff reports

In yet another sign of the tumult in retail and only two years after its opening, Saks Fifth Avenue will close its 86,000-square-foot department store for women in the swanky Lower Manhattan Brookfield Place mall.

To read the entire article, please subscribe or
 
LATEST HEADLINES
MOST POPULAR
  1. Luxury Unfiltered: Why traditional management is killing luxury as an asset class
  2. Raffles creates Printemps-exclusive lifestyle collection
  3. Watches and Wonders Geneva reveals new plans for 2026
  4. Hublot signs Jung Kook of BTS
  5. With ‘Fireflies,’ Valentino finds power in numbers
  6. Porsche Technology Apprentice Program graduates 100th class
  7. Men spend more on luxury, but shop the same amount as women: report
  8. In prestige beauty category, hair outpacing fragrance purchases in US: Circana
  9. Ruinart welcomes 2026 art series partner
  10. Monogram partners with chef, television personality Maneet Chauhan
VIDEOS
More Videos

MORE IN Retail
Handpicked vintage styles inspired by FX’s ‘Love Story’ go live on Vestiaire Collective
Raffles creates Printemps-exclusive lifestyle collection
Louis Vuitton flagship lands in Beijing
Off the Cuff: A Q&A with Nordstrom’s Catherine Bloom
Selfridges launches beauty waste recycling support in store
Largest De Beers London flagship debuts in Paris



RECENT ARTICLES
B Corp audit updates take effect this month
Handpicked vintage styles inspired by FX’s ‘Love Story’ go live on Vestiaire Collective
Hublot signs Jung Kook of BTS

In prestige beauty category, hair outpacing fragrance purchases in US: Circana
With ‘Fireflies,’ Valentino finds power in numbers
Porsche Technology Apprentice Program graduates 100th class