Updated: Wednesday, 20 Feb 2013, 7:01 PM EST
Published : Wednesday, 20 Feb 2013, 7:01 PM EST
STAMFORD, Conn. (WTNH) -- After 30 years in Stamford, the Saks Fifth Avenue store is closing its doors. The company says the store located inside the Stamford Town Center will close in early 2014.
"I don't doubt it should be closing because I don't see really anyone ever shop there," said Merima Sestovic of Stamford.
"As a young person I do most of my shopping online 'cause I can find the best deals and find exactly what I want when I want it, so I guess it doesn't surprise me but it makes me a little sad I guess to see that somene's closing," said Christine Perakis of Stamford.
The company issued a statement, reading in part, "We routinely evaluate the productivity, profitability, and potential of each of our store locations and may determine that closing a store is the right course of action from time to time. This planned closing is consistent with our strategy of utilizing our resources in our most productive Saks Fifth Avenue stores."
One of its highly profitable stores remains open in Greenwich just 10 minutes away.
"It could be the price point. Maybe the demographic that shops at the mall is not the same as the demographic that's on Greenwich Avenue," said Perakis.
"It's just you know, too overpriced. I'm sure there are people who could afford it but the majority, I think the majority of us living in Stamford, you know it's probably, it's not for us," said Sestovic.
Officials at Stamford Town Center say they're still working on what will move into the soon-to-be empty space. At least one resident knows what she'd like to see.
"Just something like young and fresh," said Perakis.
Saks says about 80 employees work at this store. The company says it will either transfer employees to another Saks store or offer them a separation package.