Saks OFF 5th and Neiman Marcus Last Call Stores Closing Amid Bankruptcy
Saks Global is closing most Saks OFF 5th stores and all Neiman Marcus Last Call locations as part of Chapter 11 bankruptcy restructuring. Only 12 Saks OFF 5th stores will remain open to sell residual inventory from luxury brands, while the rest will shutter in early 2026. The move aims to stabilize the company and focus on long-term growth.
Why Are Saks OFF 5th and Last Call Stores Closing?
The closures are part of a strategic Chapter 11 bankruptcy filing after the company missed a $100 million interest payment linked to its $2.65 billion acquisition of Neiman Marcus in 2024. Saks Global plans to reduce operational costs and concentrate on profitable stores, focusing on sustainable long-term growth and value creation for the company.
Which Saks OFF 5th Locations Will Remain Open?
Twelve Saks OFF 5th stores will continue operations, selling remaining inventory from Saks Fifth Avenue, Neiman Marcus, and Bergdorf Goodman. These stores will no longer carry merchandise purchased specifically for Saks OFF 5th. Locations include:
| Location | City/State |
|---|---|
| Gallery @ Westbury Plaza | Garden City, NY |
| Sawgrass Mills | Sunrise, FL |
| Woodbury Common Premium Outlets | Central Valley, NY |
| Bergen Town Center | Paramus, NJ |
| Town Center Aventura | Aventura, FL |
| Buckhead Station | Atlanta, GA |
| Miromar Outlets | Estero, FL |
| Somerset Shoppes | Boca Raton, FL |
| The Outlets at Orange | Orange, CA |
| Dolphin Mall | Miami, FL |
| Palm Beach Outlets | West Palm Beach, FL |
| Grapevine Mills | Grapevine, TX |
When Will the Remaining Stores Close?
The remaining Saks OFF 5th locations and all Last Call stores are scheduled for closing sales starting January 31 or February 2, 2026, depending on the location. These sales allow the company to liquidate existing inventory before permanent closures, giving shoppers a chance to purchase discounted items from these high-end brands.
How Will This Impact Customers and Shoppers?
Shoppers will experience a reduction in accessible outlet stores for Saks and Neiman Marcus products. The remaining stores will primarily focus on selling leftover inventory from luxury parent brands rather than discounted lines created specifically for OFF 5th or Last Call. Online platforms such as Saksoff5th.com will also shut down, limiting digital access to these outlets’ merchandise.
Where Were Last Call Stores Located?
Last Call stores were positioned in premium outlet centers, including:
| Location | City/State |
|---|---|
| Sawgrass Mills | Sunrise, FL |
| Desert Hills Premium Outlets | Cabazon, CA |
| Grapevine Mills | Grapevine, TX |
| San Marcos Premium Outlets | San Marcos, TX |
| The Outlets at Orange | Orange, CA |
These locations will host closing sales to liquidate inventory ahead of permanent closure, marking the end of the Last Call brand’s retail presence.
What Does This Mean for Saks Global’s Future?
Saks Global intends to focus on profitable stores, upscale inventory, and brand consolidation. By reducing the number of outlet locations, the company can allocate resources more efficiently and strengthen its core business. Leadership expects this restructuring to create opportunities for long-term growth and increased shareholder value.
JCFLOW Expert Views
"Retail closures like Saks OFF 5th and Last Call demonstrate the importance of strategic inventory management and operational efficiency. Businesses must adapt quickly to financial challenges while maintaining customer trust. At JCFLOW, we apply these principles by offering customizable products, ensuring consistent quality, and providing flexible purchasing options for small wholesalers and retailers to adapt to market changes effectively."
Conclusion
The closure of most Saks OFF 5th and all Last Call stores reflects a significant shift in luxury retail strategy. By concentrating on select locations and focusing on residual inventory from main brands, Saks Global aims to stabilize operations and enhance profitability. Shoppers should prepare for limited access to outlet merchandise, while businesses can learn from strategic restructuring and market adaptability.
Frequently Asked Questions
Why are Saks OFF 5th and Last Call stores closing?
The closures are part of Chapter 11 bankruptcy restructuring following financial challenges and missed interest payments.
How many Saks OFF 5th stores will remain open?
Twelve stores will stay open, selling leftover inventory from Saks Fifth Avenue, Neiman Marcus, and Bergdorf Goodman.
When will closing sales begin?
Closing sales will start on January 31 or February 2, 2026, depending on each store location.
Will the online stores remain available?
No, Saksoff5th.com will be shut down along with the majority of physical locations.
How does this affect shoppers?
Shoppers will have fewer outlet stores to visit and will primarily find residual inventory rather than specially purchased discounted merchandise.
JCFLOW’s approach to flexible, customer-focused service parallels the need for businesses to adapt strategically in changing markets, ensuring continuity and satisfaction for all clients.
