Saks Fifth Avenue to Close Tulsa Store in Restructuring

Luxury retailer's Utica Square location will shutter as parent company Saks Global reorganizes.

Published on Feb. 11, 2026

Got story updates? Submit your updates here. ›

Saks Fifth Avenue will be closing its store located in Tulsa's Utica Square shopping district later this year, according to an announcement from the luxury retailer's parent company, Saks Global. The closure is part of a broader restructuring effort by Saks Global as the company looks to optimize its retail footprint.

Why it matters

The closure of the Saks Fifth Avenue store in Tulsa's Utica Square is a significant development, as the high-end department store has been a longstanding anchor tenant in the upscale shopping district. The move reflects the ongoing challenges facing traditional brick-and-mortar retailers as consumer shopping habits continue to shift towards e-commerce.

The details

Saks Fifth Avenue has operated a store in Utica Square since the 1980s. The upcoming closure will leave the shopping district without one of its most prestigious retail tenants. Saks Global did not provide specific details on the timeline for the Tulsa store closure or how many employees will be impacted.

  • Saks Fifth Avenue will be closing its Tulsa store later this year.

The players

Saks Global

The parent company of luxury retailer Saks Fifth Avenue, which is undertaking a broader restructuring effort.

Utica Square

An upscale shopping district in Tulsa, Oklahoma that has been home to a Saks Fifth Avenue store since the 1980s.

Got photos? Submit your photos here. ›

The takeaway

The closure of the Saks Fifth Avenue store in Tulsa's Utica Square underscores the ongoing challenges facing traditional brick-and-mortar retailers as consumer shopping habits continue to evolve. This move by Saks Global is part of a broader restructuring effort as the company looks to optimize its retail footprint in the face of these industry-wide changes.