Saks Inc. to Shutter 115,000-SF Milwaukee Store

MILWAUKEE-The Northridge Mall will lose a 153,000-sf tenant in March when retailer Saks Inc. closes its Boston Store there. Boston Stores is part of Saks Inc.’s Carson Pirie Scott group and has several other locations in the area, all of which will remain open.

“After careful consideration, we believe the interests of both our customers and our company are best served by closing our Northridge store and concentrating our resources on our other surrounding area locations,” says Michael R. MacDonald, president of the Northern Department Stores Group of Saks Inc. and CEO of Carson Pirie Scott & Co. “This action is consistent with our focus on improving our returns on invested capital.”

Other Boston Stores in the metropolitan area include a 211,000-sf store in the Mayfair Mall, a 167,600-sf store in the Bayshore Mall, a 221,000-sf store in the Southridge Mall, a 219,000-sf store in the Brookfield Mall and a 100,000-sf store in the Grand Avenue Mall in downtown Milwaukee. “Milwaukee remains an important market for our Company,” adds MacDonald. “We will continue to offer our Boston Store customers the outstanding merchandise and service they have come to expect from us in our other area locations.”