NewsRedditMarch 31, 2026United States
Saks Fifth Avenue at UTC Mall to Remain Open
Saks Global has reversed its decision to close the Saks Fifth Avenue location at the Mall at UTC in Sarasota. The company reached an agreement with its landlord, Simon Properties, to keep the store operational despite ongoing bankruptcy proceedings.
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Local shoppers and employees can expect the store to remain open, preserving jobs and retail options in the Sarasota area.
Key Facts
- The Saks Fifth Avenue store at the Mall at UTC will no longer close.
- Saks Global reached a deal with landlord Simon Properties to save three store locations.
- The store was originally scheduled to close in April as part of bankruptcy proceedings.