Saks Fifth Avenue Will Leave Stamford In 2014

STAMFORD, Conn. — Saks Fifth Avenue will be leaving the Stamford Town Center in 2014, a company release said.

“We routinely evaluate the productivity, profitability, and potential of each of our store locations and may determine that closing a store is the right course of action from time to time,” Steve Sadove, chairman and chief executive officer of Saks, said in the release.

The store has been in Stamford since 1983 and currently employs about 80 people there, the release said. Employees will either be offered transfer opportunities or separation packages, the release said.

Saks plans to keep the Greenwich store open, the release said.

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