Saks Inc to Close Saks Fifth Avenue Store in Denver, Colorado

Retailer Saks Incorporated (SKS) today announced it plans to close its Saks Fifth Avenue store located in the Cherry Creek Mall in Denver, Colorado on March 19, 2011.

With the closing of the Denver store, the company will have closed seven Saks Fifth Avenue stores since July 2010. The company closed its Saks Fifth Avenue stores in Mission Viejo and San Diego, California; Southampton, New York; Portland, Oregon; Charleston, South Carolina; and Plano, Texas in 2010.

At last check, SKS was up 12 cents, or 1.11%, to $10.90.

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