Only 13 Saks Fifth Avenue locations will remain after the latest wave of store closures

Saks Fifth Avenue's Chicago location is among the 20 locations that the company is shutting down.

Courtesy of Saks Global

• Saks Global is closing more stores, including locations of its flagship brand and Neiman Marcus.
• In January, Saks filed for bankruptcy after failing to pay vendors for over a year.
• The company says it is now focusing on the luxury sector.

Saks Global, the bankrupt company behind Saks Fifth Avenue, Neiman Marcus, and Bergdorf Goodman, is continuing to close stores.