Post-Gazette: Saks Fifth Avenue to close

Saks Fifth Avenue, the retailer that has catered to upscale tastes for more than 60 years, is closing its Downtown store, leaving Macy's as the lone department store in the city's core.

The decision, confirmed Wednesday by a Saks spokeswoman, deals a big blow to the efforts to revitalize a Downtown commercial corridor that has been on the upswing with a reinvigorated Market Square, the planned construction of the new PNC 40-story office tower and other recent redevelopment.