suntimes
COPACETIC 
Weather Updates

Saks closing Highland Park store

Updated: October 7, 2012 7:54AM



Saks will close its Saks Fifth Avenue store in Renaissance Place shopping center in Highland Park on Dec. 31, where 60 workers will lose their jobs.

The 49,000-square-foot store, which opened 12 years ago, failed to attract the sales and profitability Saks expects, the company said in a statement.

Shoppers’ closest alternative is the Saks Fifth Avenue store at 700 N. Michigan Ave. in Chicago. The company operates its lower-price “Off 5th” stores at Village Square mall in Northbrook, Gurnee Mills in Gurnee and at Woodfield Mall in Schaumburg.

“These planned closings are consistent with our strategy of employing our resources in our most productive locations,” said Saks CEO Steve Sadove in a statement.



© 2014 Sun-Times Media, LLC. All rights reserved. This material may not be copied or distributed without permission. For more information about reprints and permissions, visit www.suntimesreprints.com. To order a reprint of this article, click here.