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Saks Fifth Avenue announced it will close its Charleston, South Carolina, store. The 33,000 square foot space will become a—wait for it—Forever 21. Saks previously closed its location in Portland, Oregon, and will close a store in San Diego later this summer. "Every time we make a store closing, we think it through very carefully," said CEO Stephen Sadove. "We think through strategically the growth potential and the implications of the store closing. People and jobs are affected." [WWD]