Saks Fifth Avenue plans to close its store located in the Shops at Riverside in Hackensack, New Jersey
Saks Fifth Avenue has announced that it plans to close its store located in the Shops at Riverside in Hackensack, New Jersey. The store is expected to close in late 2014.
“Closing a location is never an easy business decision. At this time, we are committed to offering support and assistance to our team affected by the closing,” commented Marigay McKee, President of Saks Fifth Avenue.
Approximately 105 members of staff are employed in the location. All affected associates will either be offered transfer opportunities or will receive appropriate employment separation packages, says Saks.
The company will continue to serve its Northern New Jersey customers in its Short Hills, New Jersey and New York City stores, as well as online at Saks.com.