web analytics

Why Are All The High End Fashion Stores Leaving The Twin Cities?

Well, it’s official, the last vestiges of Saks, Saks Off Fifth downtown has left.  First to leave the Twin Cities was Nieman Marcus, next Bloomingdales–even from their location at the Mall of America, and now Saks Outlet store in the Nicollet Mall.  Now one can understand the former stores leaving during tIhe economic decline, yet, one would have thought Bloomingdales would have kept their MOA store with all its’ international traffic, and Saks Outlet is a popular chic, designers bargain basement store–perhaps the downtown location was not the most advantageous, but hopefully we will see them return at a more strategic location in theTwin Cities location besides at  the Premium Outlet.  As of now, its’ location will be filled with another super Walgreens store as part of the city’s downtown revitalization.

Perhaps this is yet another sign that the sick economy has not fully recovered.