BEACHWOOD, Ohio — The Saks Fifth Avenue store at Beachwood Place is among 15 luxury department stores slated to close as ...

A smaller footprint will enable the retailer to focus more on luxury shoppers, the CEO said.

Saks Global plans to shutter more than a dozen additional stores, including a handful of Neiman Marcus locations, as it works through bankruptcy.

The closure is part of a "strategic retreat" during the company's voluntary Chapter 11 bankruptcy process, following an earlier wave of 62 closures.

The parent company of Saks Fifth Avenue and Neiman Marcus will close 24 locations this spring. Here's the list. (AP photo) ...

Since filing for Chapter 11 bankruptcy protection in early January, Saks Global has announced multiple rounds of closings.

The parent company of Saks Fifth Avenue and Neiman Marcus will close more department stores as part of its bankruptcy ...

Saks Global said Friday it was closing 15 more stores as the luxury retailer, which filed for bankruptcy earlier this year, tries to cut losses and focus on more profitable, higher-end locations. The ...

The Beachwood Place store is among the 15 Saks Fifth Avenue and Neiman Marcus locations closing nationwide. The stores are expected to remain open through May.

Saks Fifth Avenue at Plaza Frontenac will close and all employees will be let go between May 6 and May 31, according to the ...

Chicago's iconic Saks Fifth Avenue is just one of a dozen stores closing across the country.