Here are the 5 major retail chains scaling back or closing their doors in North Carolina this month.
1. Saks Fifth Avenue: The Raleigh Departure
In one of the most significant blows to North Carolina’s high-end retail scene, Saks Global—the parent company of Saks Fifth Avenue and Neiman Marcus—is finalizing its exit from the state’s only full-line Saks location. Following its 2026 bankruptcy filing, the company is shuttering underperforming stores to focus on its highest-margin markets.
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- The North Carolina Impact: The Saks Fifth Avenue at Triangle Town Center in Raleigh is officially winding down operations, with layoffs set to conclude by…