Reasons to Read

Explore the key trends shaping the retail industry in the wake of Saks Global’s downsizing and find insights into how competitors may capitalize on these shifts from its store closures. Read this report to discover answers to these and other questions:

• What impact will Saks’ department store closures have on competitors such as Macy’s and Nordstrom?
• How does Macy’s proximity to Saks Fifth Avenue locations compare to Nordstrom’s?
• Which off-price competitors see the greatest proximity to closing Saks OFF 5TH stores?
• Which geographical areas will be most affected by Saks’ closures?
• What opportunities exist for department and off-price retailers such as Marshalls, Ross Dress for Less and T.J. Maxx in response to closures across the Saks Fifth Avenue, Saks OFF 5TH and Neiman Marcus banners?

Companies mentioned in this report include: Saks Global Holdings LLC, Macy’s, Nordstrom, Marshalls, Ross Dress for Less, T.J. Maxx.

Data in this report include: store closures data, geographical proximity of stores, store estate analysis, market share potential, industry trends.

Other relevant research:

• Weekly US Store Openings and Closures Tracker 2026, Week 6: US Store Closures Cross 2,000
• Drugstore Decimation: Assessing Rite Aid’s Closures, and Which Competitors Stand To Gain