Saks OFF 5TH to Close Most Locations, Including 2 in Metro Atlanta

Discount retailer shutters 57 stores nationwide as parent company Saks Global restructures after bankruptcy filing.

Jan. 30, 2026 at 11:39am

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After filing for bankruptcy, Saks Global has decided to close nearly all of its Saks OFF 5TH discount stores, including two locations in metro Atlanta. Only 12 Saks OFF 5TH stores will remain open, while the Woodstock and Lawrenceville stores in the Atlanta area are among the 57 locations that will be shuttered nationwide.

Why it matters

The closures are part of a broader restructuring by Saks Global after it acquired the debt-laden Neiman Marcus chain. The move reflects the challenges facing traditional brick-and-mortar retailers, especially discount stores, as they compete with the rise of e-commerce and changing consumer shopping habits.

The details

Saks OFF 5TH's Lawrenceville store at Sugarloaf Mills will start holding closing sales on January 31, while the Woodstock location at The Outlet Shoppes at Atlanta will close on February 2. All Neiman Marcus Last Call discount stores are also scheduled to close as part of the Saks Global restructuring.

  • The Lawrenceville Saks OFF 5TH store will start closing sales on January 31, 2026.
  • The Woodstock Saks OFF 5TH store will close on February 2, 2026.

The players

Saks Global

The parent company of Saks Fifth Avenue and Saks OFF 5TH that recently filed for bankruptcy after acquiring the debt-laden Neiman Marcus chain.

Neiman Marcus

A luxury department store chain that was acquired by Saks Global and is now also undergoing restructuring, with all Neiman Marcus Last Call discount stores scheduled to close.

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The takeaway

The Saks OFF 5TH closures, including two in metro Atlanta, highlight the ongoing challenges facing traditional brick-and-mortar retailers as they struggle to adapt to the rise of e-commerce and changing consumer shopping habits. The restructuring of Saks Global and Neiman Marcus underscores the need for legacy retailers to find new ways to remain competitive in the evolving retail landscape.