2 Saks Off 5th stores on Long Island among dozens closing

Saks Global, the parent company of Saks Fifth Avenue, Neiman Marcus and Bergdorf Goodman, will close dozens of its Saks Off 5th, including two on Long Island, and Last Call locations as the company maneuvers bankruptcy proceedings, it announced Thursday.

Of the 74 off-price locations, just 12 Off 5th stores will remain open. But those stores will primarily sell residual inventory from the department stores and not purchase merchandise directly for selling, the company said in a news release.

The two Off 5th stores closing on Long Island are at Tanger Outlets Deer Park and Tanger Outlets Riverhead.

An Off 5th store at the Gallery at Westbury Plaza in Uniondale is among the 12 in the off-price chain that are remaining open in New York, Florida, New Jersey, California, Texas and Georgia.

Customers can redeem gift cards through Feb. 14, and stores will accept exchanges and returns for items bought before Saturday. Shoppers can redeem existing rewards from their store credit cards until March 1.

Meanwhile, markdowns at some of the closing stores will begin Saturday, while others are set to shutter Monday. The website saksoff5th.com — a separate entity from the brick-and-mortar stores — is also winding down operations, with sales starting Friday.

The move will better position the company for “long-term growth and value creation,” Saks Global chief executive Geoffroy van Raemdonck said in the release. The decision also speaks to the company’s plans to “realign our business to better serve our luxury customers and drive full-price selling across our core luxury businesses,” he added.

The only full-price Saks store on Long Island is at Walt Whitman Shops in Huntington Station. There is also a Neiman Marcus at Roosevelt Field in Uniondale.

Thursday's announcement of the off-price store closings comes two weeks after Saks Global filed for Chapter 11 bankruptcy protection. The department store conglomerate missed a $100 million interest payment Dec. 30, which was connected to its $2.65 billion acquisition of Neiman Marcus in 2024.

In the days leading up to bankruptcy, Saks had several changeovers in leadership. CEO Marc Metrick, who had spent three decades at the company, stepped down Jan. 2, and his successor, executive chairman Richard Baker, left the role less than two weeks later.

Newsday's Tory N. Parrish contributed to this story.