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Saks Fifth Avenue

Consumer Discretionary· New York, NY, United States
LAYOFFS TRACKED
3
LAST EVENT
Apr 11, 2026
MARKET CAP
EMPLOYEES
10,000

Saks Fifth Avenue is a luxury department store chain offering designer apparel, shoes, handbags, cosmetics and home goods. Founded in 1924, it operates flagship stores, full-line department stores, and an e-commerce platform serving upscale customers in the United States and internationally.

Layoff timeline

3 EVENTS
Apr 11, 2026WARN notice
Bala Cynwyd, PA
Mar 6, 2026WARN notice
Chicago, IL
Feb 1, 2026WARN notice
Wilkes Barre, PA

Saks Fifth Avenue notified the Pennsylvania Department of Labor and Industry it will close its distribution and fulfillment facility at 250 Highland Park Boulevard in Wilkes-Barre Township, with the shutdown occurring between April 11 and April 30. The WARN filing states the closure will result in the loss of 155 jobs at the Highland Park Boulevard site, which supports Saks' retail and online operations. The action is part of a broader restructuring by parent company Saks Global, which filed for Chapter 11 bankruptcy in mid-January 2026. Company officials have provided no further details beyond the required state notification; affected workers may be eligible for unemployment and reemployment assistance and potentially 60 days of severance under WARN-related claims.

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