Another retail domino is set to topple in San Francisco's Union Square. Saks Fifth Avenue's San Francisco location, which has been operating from the corner of Post and Powell streets since 1997, will permanently close its doors on May 10,

Saks Fifth Avenue Store in San Francisco's Union Square is set to close on May 10, the store's parent company confirmed.

Another major retailer in San Francisco’s Union Square is closing next month. Saks Fifth Avenue is closing its downtown store at 384 Post St., a Saks Global spokesperson said in a statement. The retailer cited the decision to close as one to “focus on long-term growth.