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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.

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