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Old Posted Jan 19, 2012, 8:06 PM
TBone7281 TBone7281 is offline
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Join Date: Feb 2011
Location: Pittsburgh, PA
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Downtown Saks announces closing date:

http://www.wtae.com/news/30252297/detail.html

Quote:
PITTSBURGH -- Saks Fifth Avenue says it will close its downtown Pittsburgh store on St. Patrick's Day, more than six months before its lease expires.
Saks has been in the city for more than 60 years and at the location on Smithfield Street since 1976.
The store's lease expires on Sept. 21, but spokeswoman Julia Bentley tells the Pittsburgh Post-Gazette that the upscale clothing retailer was able to negotiate an earlier exit.
The city had tried to work with Saks and the landlord on plans to improve the store, offering $10 million in tax credits, loans and grants.
But Saks has said declining sales and the loss of several key designers who no longer provide merchandise drove the decision.
About 95 workers will get severance benefits, help with transfers and re-employment assistance.
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