Downtown Stamford as seen from a platform at the Stamford Transportation Center. (Courtesy Photo / Public Domain / DBen)

Stamford’s troubled mall has lost another major tenant.

Saks Off 5th, the discount alternative to luxury department store Saks Fifth Avenue, is calling it quits “after careful consideration,” the company told the Stamford Advocate in a statement. The company has been working to close its brick-and-mortar stores and shift to an online-only sales model.

The mall was bought by home furnishings firm Safavieh for $20.15 million in late 2020, when 17 percent of its space was vacant. The property is located in a federal Opportunity Zone, which would provide tax incentives to owners that invest in upgrades to the property.

Since the sale, the mall has continued its pre-sale trend of losing more retailers than it gained. Recent departures include the Gap, American Eagle Outfitters, and Michael Kors.

The mall still has a Macy’s and a Barnes & Noble filling anchor roles.