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Saks Fifth Avenue to Close Store in Fort Lauderdale, Fla.
May 13, 2008
Birmingham, Ala.-based Saks Inc. announced plans to close its 73,000-sq.-ft. Saks Fifth Avenue store in the Galleria Mall in Fort Lauderdale, Fla. The store, a leased location, is expected to close on July 20, 2008. The company operates 10 other Saks Fifth Avenue stores in Florida, and will continue to serve customers on the Eastern coast of Florida in its Boca Raton, Miami, Bal Harbour, Palm Beach, and newly renovated and expanded Palm Beach Gardens locations. All affected associates--about 60--either will be offered transfer opportunities or will receive severance packages. Saks currently operates 54 Saks Fifth Avenue stores, 48 Saks Off 5th stores and Saks.com. The company also operates Club Libby Lu specialty stores.
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DDI visited the new JCPenney department store at Manhattan Mall in New York and spoke with store manager Joe Cardamone. Below is video of that conversation paired with a walk-through tour of the new store. For more on the JCPenney store, look out for DDI's November/December issue mailing out at the end of November.
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