By Vinod Ram 
Shoppers across the U.S. are asking the same question: Is my local Saks Off Fifth store closing in 2026? According to recent reporting by Reuters, Saks Global is preparing to shut down most of its Saks Off Fifth off-price locations as part of a sweeping restructuring plan, triggering liquidation sales nationwide.
Why Saks Off Fifth Is Closing Stores in 2026
Saks Off Fifth is the discount division of luxury retailer Saks Fifth Avenue. It’s known for offering designer brands at reduced prices. However, after mounting financial pressure, Saks Global filed for Chapter 11 bankruptcy protection in early 2026 and announced plans to streamline operations.
Saks Global released an official statement about the changes. The company will refocus on its full-price luxury brands—Saks Fifth Avenue and Bergdorf Goodman—while scaling back lower-margin discount operations. This strategy was detailed in the company’s restructuring announcement reported by PYMNTS.
Saks Off Fifth Store Closures: What We Know So Far
While Saks Global has not released a single comprehensive list of every closing store, multiple regional outlets and national news organizations have confirmed that the majority of Saks Off Fifth locations will close in 2026. Only a small number of stores are expected to remain temporarily open to sell remaining inventory.
Local reporting from outlets such as NBC Chicago confirms that high-profile urban locations, including Chicago’s State Street store, are among those scheduled to shut down.
Cities and Areas Affected
Based on currently available information, Saks Off Fifth store closures in 2026 include locations in:
- Chicago, Illinois
- Austin, Texas
- Washington, D.C.
- Niagara Falls, New York
- East Hanover, New Jersey
- Philadelphia metro area, Pennsylvania
- West Hartford, Connecticut
Additional closures are expected as the bankruptcy process continues, according to coverage from Fox Business.
Liquidation Sales: What Shoppers Should Expect
As stores prepare to close, liquidation sales are rolling out both in-store and online. Reports indicate that discounts may deepen over time as locations approach their final days, though selection will vary by store.
The Saks Off Fifth e-commerce site, saksoff5th.com, is also expected to wind down operations, with clearance events starting as early as late January 2026.
According to coverage by the New York Post, customers should be aware that return policies, gift card redemptions, and loyalty rewards may be restricted during liquidation periods.
What This Means for the Retail Industry
The collapse of Saks Off Fifth’s physical retail presence highlights broader challenges facing brick-and-mortar discount retailers. Multiple factors are pressuring off-price chains. Rising operating costs, shifting consumer behavior, and online resale competition have all taken a toll.
Retail analysts cited by Reuters note that Saks Global’s move mirrors a wider industry trend toward fewer stores, stronger digital focus, and premium brand positioning.
How to Check If Your Local Store Is Closing
Shoppers looking for confirmation should regularly check the official Saks Off Fifth store locator and watch for in-store signage announcing closing dates and final sales.
Liquidation is underway and more closures are expected. Customers hoping to score deals should act quickly. Once stores close, Saks Off Fifth will likely disappear from most U.S. shopping centers permanently.
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