BEACHWOOD, Ohio (WJW) — The Saks Fifth Avenue store at Beachwood Place is closing its doors.
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According to a March 6 press release, Saks Global announced plans to close 12 Saks Fifth Avenue stores and three Neiman Marcus locations.
This follows nearly a dozen initial closures announced in February.
The closures will allows Saks Global to “sharpen its focus on the Company’s distinctive capabilities and competitive advantages as it invests in opportunities to serve luxury customers, drive stronger full-price selling and enhance brand equity for its partners,” the press release stated…