Jacobson's Replacement Near?

Saks Incorporated, the parent company to Saks 5th Avenue, is interested in buying the old Jacobson's store at Meridian Mall.

Negotiations are underway between Jacobson's and the Birmingham, Alabama-based Saks Incorporated.

Jackson-based Jacobson's declared bankruptcy in January and closed all stores nationwide.

A Meridian Mall spokesperson says they are aware of the talks, but will not comment further.