To get back on track, Saks Global will close about 20 Saks Fifth Avenue stores but plans to keep some locations open that were previously set to shut down.
Even though sales hit nearly $336 million in February, the company still posted a $77 million loss.
On the bright side, average spending per customer visit actually went up 6% compared to last year, so there's hope that these changes will help Saks bounce back soon.