By  on November 5, 2008

Saks Inc. is closing the 78-door Club Libby Lu tween specialty store business, which no longer fits its strategic model.

Saks has trimmed down in recent years to focus on its namesake business, selling its Parisian and Profitt’s/McRae’s businesses to Belk Inc. and its Northern Department Store Group to The Bon-Ton Stores Inc.

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