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Sign of the Times?

By
Real Estate Agent with Palm Properties FL# SL3323876

Sign of the times?  Today while at Fashion Valley Shopping Center in San Diego, I was surprised and disappointed to see thatSaks Fifth Avenue Closing in Fashion Valley Saks Fifth Avenue is going out of business here in San Diego.  Years ago when I was in college there was a Saks Fifth Avenue on Girard Avenue in La Jolla, along with an I. Magnins nearby.  Then Saks moved over to Wall Street for a short period of time before Brooks Brothers came in. 

Saks Fifth Avenue Closing in Fashion ValleyThe salespeople told me that Saks has closed all their San Diego locations, but we can still shop at the one in Orange County, California.  It seems like all the stores that I used to shop at are now gone or have merged with other larger chains... Robinsons, May Company, Broadway, Buffins, Walker Scott, I. Magnin, Joseph Magnin, Bullocks, Marshall Fields and others are now gone. 

I am not saying that change is not a good thing, but there seemed to be so many more choices of stores years ago.  In the words of Bob Dylan, "The times they are a changin'"...

Posted by

SUSAN LAXSON, CRS

Premiere Plus Realty

Direct: 239.778.4984

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Comments (4)

Rodney Mason, VP of Mtg Lending
Guaranteed Rate NMLS# 2611 - Atlanta, GA
AL,AR,AZ,CA,CO,FL,GA,IN,MI,MS,NC,SC,TN,TX,VA,WA

It definitely is a sign of the times.  I read where Saks is closing their Charleston, SC store as well.  Most of the companies that you mentioned now operate under the Macy's banner.

Jun 15, 2010 02:29 PM
Emily Medvec
eXp Realty LLC - Santa Fe, NM
Broker | Realtor | Serving Santa Fe & Northern NM

Like real estate, the landscape of retail is changing due to the new economy and the positive shift in consumer comfort level for shopping online. Interesting post on changes in your local area.

Jun 15, 2010 03:43 PM
Michael A. Caruso
Surterre Properties - Laguna Niguel, CA

Wow times are changing but im surprised to hear this. Are the Nordstroms and Bloomingdale's having trouble as well i wonder? I guess you will be heading up to my neck of the woods for some shopping..

Jun 15, 2010 04:46 PM
Susan Laxson CRS
Palm Properties - La Quinta, CA
Realtor in San Diego, CA & Naples, FL

Thanks Rodney for your comment - yes, many have merged with Macy's!

Emily, thanks for the comment and I agree that there is a shift into shopping online and probably will continue to impact the neighborhood stores.

Michael, I was very surprised today seeing Saks closing, but always look forward to shopping up in your area!   Susan

Jun 15, 2010 04:57 PM