In a significant blow to local bargain hunters and luxury discount shoppers, Saks Global has announced the closure of most of its Saks OFF 5TH stores nationwide, including two popular locations in metro Atlanta.

The move comes amid the company’s ongoing bankruptcy restructuring, shifting focus toward high-end retail experiences at Saks Fifth Avenue, Neiman Marcus, and Bergdorf Goodman.

What Saks OFF 5TH Stores Are Now Closed?

The affected stores in the Atlanta area are the Saks OFF 5TH at Sugarloaf Mills in Lawrenceville and the one at The Outlet Shoppes at Atlanta in Woodstock.

Closing sales began at the Lawrenceville location on January 31, 2026, with the Woodstock store following suit shortly after, leading to a final closure on February 2, 2026.

Shoppers have been flocking to these outlets for deep discounts on designer brands, and the closures mark the end of an era for affordable luxury access in these suburban shopping hubs.

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However, not all is lost for Atlanta fashion enthusiasts. The Saks OFF 5TH store at Buckhead Station will remain open, one of just 12 locations surviving the nationwide cull out of 69 total stores.

This Buckhead outpost, known for its prime location and loyal customer base, will continue to offer discounted designer goods, providing a lifeline for local shoppers seeking high-fashion deals without traveling far.The decision to close 57 Saks OFF 5TH stores, along with all remaining Last Call outlets and the Saksoff5th.com website, reflects Saks Global’s strategy to streamline operations and emphasize full-price luxury retail.

Company officials stated that this restructuring is essential for emerging from bankruptcy as a more profitable entity, prioritizing premium brands over off-price models.

For metro Atlanta, the closures could impact local economies, particularly at Sugarloaf Mills and The Outlet Shoppes at Atlanta, where Saks OFF 5TH served as anchor tenants drawing foot traffic to surrounding businesses.

Employees at the closing stores face uncertainty, though Saks Global has not released specific details on job losses in the region. Local shoppers expressed disappointment on social media, with many lamenting the loss of convenient access to affordable designer apparel and accessories.

As clearance sales wind down, Atlanta residents are encouraged to visit the remaining Buckhead location or explore alternative discount retailers like Nordstrom Rack or T.J. Maxx. This shift underscores broader trends in retail, where economic pressures and changing consumer habits are reshaping the landscape of luxury shopping in the Peach State.

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