Saks Global Says Goodbye to Amazon as Stores Go Dark
Synopsis
Saks Global is winding down its e-commerce partnership with Amazon and closing the majority of its off-price retail stores as part of its Chapter 11 restructuring. The luxury retailer will shut most Saks Off 5th locations and all Neiman Marcus Last Call outlets, retaining only a limited number of stores to clear excess inventory. The company is refocusing on its full-price luxury businesses, including Saks Fifth Avenue, Neiman Marcus and Bergdorf Goodman, while streamlining operations and reducing costs during the bankruptcy process.
Saks Global is exiting its e-commerce partnership with Amazon and closing most of its off-price retail locations as part of a broader restructuring under Chapter 11 bankruptcy protection. The changes reflect a strategic shift toward concentrating on the company’s full-price luxury businesses amid ongoing financial pressure in the retail sector.
Saks Global will discontinue its “Saks on Amazon” online storefront and shut down the majority of its Saks Off 5th and Neiman Marcus Last Call stores in early 2026. Only a small number of off-price locations will remain open, primarily to clear excess inventory from the group’s luxury brands during the restructuring process.
E-commerce Partnership Comes to An End
The decision to end the Amazon partnership follows limited traction since the collaboration launched after Amazon took a minority stake in Saks Global in 2024. The arrangement allowed select Saks merchandise to be sold through Amazon’s platform, but participation from luxury brands remained restricted, reducing the partnership’s long-term viability.
Saks Global plans to redirect its online operations back to its own digital channels, aiming for greater control over pricing, brand presentation, and customer relationships. The move signals a pullback from third-party platforms that have proven challenging for high-end retailers to manage effectively.
Off-Price Business Drastically Scaled Back
Alongside the e-commerce exit, Saks Global is closing approximately 57 of its roughly 70 Saks Off 5th stores. All five Neiman Marcus Last Call outlets will also shut, and the Saks Off 5th e-commerce site will be discontinued.
About a dozen Saks Off 5th locations will remain operational. These stores will no longer function as traditional off-price retailers but will instead focus on selling excess inventory generated by Saks Global’s luxury businesses.
The restructuring highlights the difficulties facing luxury retailers as they navigate uneven consumer demand, rising operating costs, and changing shopping behaviour. Off-price formats and large online marketplaces have historically offered growth opportunities, but they can conflict with the exclusivity and margin control required by luxury brands.
For Saks Global, narrowing its focus is intended to stabilise operations and reduce complexity during bankruptcy proceedings, while preserving the long-term value of its flagship banners.
Saks Global filed for Chapter 11 bankruptcy in January 2026 as it sought to address significant debt obligations following its acquisition of Neiman Marcus. The filing allows the retailer to continue operating while restructuring its finances and store footprint.
The Amazon partnership was one of several initiatives launched to expand digital reach, but it ultimately failed to deliver sufficient scale or brand alignment.
Store-closing sales at affected off-price locations are expected to continue through early 2026. Saks Global will concentrate resources on its full-price luxury stores and digital platforms while progressing through court-supervised restructuring.
Key Highlights
- Saks Global is ending its e-commerce partnership with Amazon
- Most Saks Off 5th and all Last Call stores will close
- Remaining off-price stores will clear excess luxury inventory
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Pooja Malik is a business journalist with over six years of experience covering startups, entrepreneurship, and emerging trends. She has previously worked with leading media platforms such as YourStory Media and BW BusinessWorld, where she reported on business, policy, and market developments. Currently, she serves as Editor at The Inspirepreneur Magazine, where she writes and edits stories across business, lifestyle, and travel, with a focus on clarity, accuracy, and reader relevance.
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