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Saks Fifth Avenue to Exit Saudi Arabia

Store opened in November 2001

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New York-based Saks Fifth Avenue announced it’s closing its store in Riyadh, Saudi Arabia, Women’s Wear Daily reports. The store is located in The Kingdom Centre, Saudi Arabia’s largest fashion retail complex.

The 65,000-square-foot location, which is owned by HRH Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, is already being shopped to other retailers, including Galeries Lafayette
 

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