Saks Global announced Monday that its Saks Fifth Avenue location at the Fashion Show mall on the Las Vegas Strip will be closing — one of several shuttered stores as the luxury retailer continues to navigate Chapter 11 bankruptcy proceedings.

In a statement, the company confirmed it will be closing 12 Saks Fifth Avenue and 3 Neiman Marcus locations across multiple states in the coming weeks. According to Retail Dive, the affected Saks Fifth Avenue stores include:

Saks Fifth Avenue closures impact the following locations: Beachwood, Ohio, Chevy Chase, Md., Chicago, Costa Mesa, Calif., Palm Desert, Calif., Huntington Station, N.Y., Raleigh, N.C., San Antonio, Sarasota, Fla., St. Louis, and Tysons, Va.

The Neiman Marcus locations set to close are in: Honolulu, Canyon Park, Calif., and White Plains, N.Y.

Retail Dive reports that some closures were necessary simply because the two brands were located in the same malls in some areas.

The companies merged in late 2024 creating no need for both brands to operate so close to each in some markets.

“With a refined footprint, we are creating a stronger platform for our brand partners and an even more compelling customer experience as we focus on investing in the luxury experience, sharpening the differentiation of our coveted banners and fully leveraging our prime owned and other retail locations,” said Geoffroy van Raemdonck, Chief Executive Officer of Saks Global.

The luxury retailer filed for bankruptcy in January amid reports it was struggling with $4.7 billion in debt. At the time, the company was reportedly having issues paying vendors and was having a hard time obtaining inventory.

Those issues appear to have been largely addressed as the company says it has reached agreements with numerous vendors and has access to up to $1.75 billion in committed capital.

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