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Saks is closing its St. Louis store by year-end, eliminating 65 jobs amid declining department store sales.
Saks has announced the closure of its St. Louis, Missouri location, resulting in the loss of 65 jobs.
The decision follows a broader trend of declining department store sales and shifting retail dynamics.
The store is expected to close by the end of the year, with employees being notified and offered severance and outplacement services.
The closure marks another blow to brick-and-mortar retail in the region.
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Saks está cerrando su tienda de St. Louis para fin de año, eliminando 65 empleos en medio de la disminución de las ventas de las tiendas departamentales.