An anchor tenant at Stony Point Fashion Park has decided to shrink its sales floor.
Saks Fifth Avenue recently consolidated the sales area of its store at the South Richmond mall to the space’s first level, leaving the second floor off limits to shoppers.
A Saks spokeswoman said Thursday it was done to streamline the shopping experience, though she didn’t elaborate on why it was deemed necessary to do so. It’s unclear what might be next for the second level of the space.
“We’re always evaluating opportunities to deliver the best experience possible for our customers. As part of this, we’ve made the decision to offer a more curated experience on the first floor of our Richmond store,” the spokeswoman said in an email. “We look forward to continuing to serve our customers in Richmond.”
She didn’t respond to questions about plans for the second level moving forward or what the future holds for the store in general. Saks’s parent company Hudson’s Bay Co. owns the roughly 84,000-square-foot store located on the eastern end of the mall.
The escalators that provide access to the second floor of the Saks were blocked off Thursday. A store employee said that the sales floor was consolidated to the ground level about a month ago.
The Stony Point Saks is the company’s only store in the Richmond area. The other active anchor tenant at the mall is Dillard’s. The mall’s third anchor space is vacant and was formerly home to a Dick’s Sporting Goods.
The Saks drawdown comes shortly after Stony Point, which has struggled to attract and retain tenants, came under new ownership earlier this year. Florida-based real estate investment firm Second Horizon Capital bought the mall for $14.6 million in April.