Saks Global announced on Thursday that it will shutter almost 60 of its Off 5th locations and five Last Call storefronts. One dozen Off 5th locations will remain open, according to the company’s press release. By shutting down the discount stores, Saks Global’s attention has shifted to its luxury offerings at Saks Fifth Avenue, Neiman Marcus and Bergdorf Goodman. In a statement on Thursday, Saks Global said the remaining Off 5th stores “will remain open to serve primarily as a selling channel for residual inventory from Saks Fifth Avenue, Neiman Marcus and Bergdorf Goodman.”“As such, Saks Global will move away from purchasing merchandise directly for Saks Off 5th,” the company added. The company said closing sales will commence January 31 for select Off 5th stores and all Last Call locations.