Area malls grapple with closures of former ‘anchors’

The shutdown this month of the Saks Fifth Avenue department store chain leaves a dozen retail landlords with hundreds of thousands of square feet to refill or repurpose, and has retail experts rethinking the traditional mall anchor store.

May 26, 2026 - 04:00
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Area malls grapple with closures of former ‘anchors’
The shutdown this month of the Saks Fifth Avenue department store chain leaves a dozen retail landlords with hundreds of thousands of square feet to refill or repurpose, and has retail experts rethinking the traditional mall anchor store.

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