Saks Global, the bankrupt company behind Saks Fifth Avenue, Neiman Marcus, and Bergdorf Goodman, is closing the majority of its off-price locations, Saks Off 5th and Last Call.
In January, Saks Global filed for Chapter 11 bankruptcy protection following a year marked by missed payments and restructuring. The company owes hundreds of millions of dollars to brands like Chanel and LVMH.
As part of its turnaround plan, Saks is “sharpening its focus on luxury” and closing the majority of its outlets, the company said in a statement.
“We are taking decisive steps to realign our business to better serve our luxury customers,” Geoffroy van Raemdonck, Saks Global’s new CEO, said. “With these actions, we will be well-positioned to seize the greatest opportunities for long-term growth and value creation.”
All Last Call stores are set to close at the end of January, and 23 Saks off 5th locations will close on February 2. The remaining 34 Saks Off 5th locations will begin holding closing sales on January 31.
Bed Bath & Beyond to Close Remaining Stores in 2026
Bed Bath & Beyond will close its remaining 360 stores across the United States in 2026, ending decades of retail presence, according to filings with the U.S. Bankruptcy Court for the District of New Jersey. The company initially announced plans to liquidate in April 2023 after struggling with debt and declining sales.
Overstock.com acquired Bed Bath & Beyond’s intellectual property in August 2023 for $21.5 million. Overstock rebranded as Bed Bath & Beyond in February 2024, operating the online store. However, the physical retail locations will not continue.
The final list of stores scheduled for closure, as of January 29, 2026, includes:
- 1. Sawgrass Mills (Sunrise, FL) – Holding closing sales
- 2. Desert Hills (palm Springs, CA) – Holding closing sales
- 3. Woodbridge Center (Woodbridge, NJ)
- 4. The Shops at Wiregrass (Wesley Chapel,FL)
- 5. Westlake (Westlake, OH)
- 6. Grapevine Mills (Grapevine, TX)
- 7. Bridgewater commons (Bridgewater, NJ)
- 8. The Mall at University Town Center (Sarasota, FL)
- 9. North Atlanta (Woodstock, GA)
- 10. Aurora Chicago (Aurora, IL)
- 11.Dallas Park (Dallas, TX)
- 12. Northbrook (Northbrook, IL)
- 13. Eagan (Eagan, MN)
- 14. Columbus (Columbus, OH)
- 15. San Diego (San Diego, CA)
- 16. Camarillo (Camarillo, CA)
- 17. Ontario (Ontario, CA)
- 18.Milpitas (Milpitas, CA)
- 19. State street (Chicago, IL)
- 20. Stamford High Ridge (Stamford, CT)
- 21. Greenburgh (Greenburgh, NY)
These closures mark the end of a once-dominant retailer that filed for bankruptcy in April 2023, citing $1.4 billion in debt, according to Reuters. The company had operated over 1,500 stores at its peak in 2015,according to Statista.
