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Saks Fifth Avenue Closing Downtown Pittsburgh Store


PITTSBURGH,None - After six decades in downtown Pittsburgh, Saks Fifth Avenue is closing.

The company blamed falling sales and the building’s deteriorating condition for the closure.

Company leaders said they were hoping to sign a new lease that included funding for renovations.

A Saks spokeswoman said that a new lease was offered, but the terms weren’t practical.

The current lease expires in September 2012, but no closing date has been set.