Home / Knowledge / News / Apparel/Garments / Saks plans to close Portland store
Saks plans to close Portland store
24
Mar '10
Retailer Saks Incorporated announced it plans to close its Saks Fifth Avenue stores located in the Pioneer Place Mall in Portland, Oregon. Saks operates a main store plus a men's store in the mall. The men's store is expected to close on April 25, and the main store is expected to close by July 31, 2010.

Steve Sadove, Chairman and Chief Executive Officer of Saks, noted, “Store closing decisions are never easy but are necessary from time to time. The planned closing of the Portland store is consistent with our strategy of focusing our resources on our most productive stores.”

Approximately 100 associates are employed in the two locations. All affected associates either will be offered transfer opportunities or will receive appropriate severance packages. Sadove added, “We are extremely appreciative of the dedicated Portland team, several of whom have been with Saks for many years. We will make every effort to provide needed assistance to our associates during this period.”

Saks Incorporated currently operates 53 Saks Fifth Avenue stores, 55 Saks Off 5th stores, and saks.com.

Saks Incorporated

Must ReadView All

Textiles | On 20th Feb 2017

UK textile & apparel exports up 7.05% in 2016: UKFT

The exports of apparel and textiles from the UK have increased by...

Textiles | On 20th Feb 2017

Himatsingka Seide incorporates subsidiary in Europe

Himatsingka Seide Ltd, one of the largest producers of home textiles...

Courtesy: Green Initiatives

Apparel/Garments | On 20th Feb 2017

Green Initiatives launches Re:Form to end textile waste

Green Initiatives, a non-government institution, has launched...

Interviews View All

Md Hanifur Rahman
Aman Group

The level of understanding the job role and organisational requirements...

Viral Desai
Zenitex Mill Pvt Ltd

Full of green energy

Spokesperson
Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
February 2017

February 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search