Saks Fifth Avenue is closing the 16,000sq ft men’s store at Brookfield Place today (January 31, 2020). The department store will be planning to use the space for a new concept, which is currently in development.
‘With this branch location, we determined that our customers’ preferred shopping experience is a combination of our digital channels and our iconic Fifth Avenue flagship, where we have created an unparalleled luxury shopping destination,” a Saks spokesperson told FashionNetwork.com. “The decision to close this location was not easy, and we intend to transfer as many sales associates to new roles as possible.”The justification provided by the company echoes that given for the closure of its women’s store at Brookfield Place last year. At the time, Saks explained that the store had been a “test concept,” through which it had learnt that consumers preferred to shop on its e-commerce platform and at its Fifth Avenue flagship, where the company is still in the process of implementing a “Grand Renovation.‘
