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

Well, it’s official, the last vestiges of Saks, Saks Off Fifth, has left the Nicollet Mall.  First to leave the Twin Citiess was Neiman Marcus, next Bloomingdales–even from their location at the Mall of America, and now Saks Outlet Downtown Minneapolis store.  Now one can understand the former stores leaving during the 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 the Twin Cities.  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.

Neiman Marcus Closing Store In Downtown Minneapolis

Another high-end fashion store bites the dust in Minnesota, guess that Minnesota Nice doesn’t respond well to high prices!  Well, like any store closing, it spells opportunity for bargain hunters.  The Minneapolis Neiman Marcus store is the store you recall got a lot of free advertising during the 2008 presidential campaign: It was where the Republican National Committee spent $75,000 on clothes and accessories for vice presidential nominee Sarah Palin.  Don’t expect prices to be at rock bottom since the final closing will occur sometime in 2013.  Can’t wait that long?  Then checkout their sale items  at last call by Neiman Marcus 50%off sale ends after today, Monday, August 6th.