Cookie banner

This site uses cookies. Select "Block all non-essential cookies" to only allow cookies necessary to display content and enable core site features. Select "Accept all cookies" to also personalize your experience on the site with ads and partner content tailored to your interests, and to allow us to measure the effectiveness of our service.

To learn more, review our Cookie Policy, Privacy Notice and Terms of Use.

clock menu more-arrow no yes mobile

Filed under:

Saks to Close Two Stores, More TK

Racked is no longer publishing. Thank you to everyone who read our work over the years. The archives will remain available here; for new stories, head over to, where our staff is covering consumer culture for The Goods by Vox. You can also see what we’re up to by signing up here.

Saks Fifth Avenue announced today that it plans to close two stores in Portland, Oregon, and CEO Stephen Sadove told investors of the possibility that the company will shutter "a few stores" this year in addition. The Portland men's store and main store will close in April and July, respectively. "Over time there may be a few of these stores that fall into that [category]," Mr. Sadove said. [WSJ]