This Week in the Mercury
Tuesday, March 23, 2010
Fashion / Portland / News Downtown Portland's Saks Fifth Avenue is Closing
Posted by Marjorie Skinner on Tue, Mar 23, 2010 at 10:46 AM
From a press release posted by Saks this morning:
Steve Sadove, Chairman and Chief Executive Officer of Saks, noted, “Store closing decisions are never easy but are necessary from time to time. The planned closing of the Portland store is consistent with our strategy of focusing our resources on our most productive stores.”
Ouch. I'm trying to decide whether or not to cry about it over on MOD.
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