Saks Fifth Avenue says the flagship store in New York City is changing its approach to the holiday windows for the 100th anniversary this year.

One of the most recognizable holiday-time spectacles is no more: Saks just announced that its legendary light show on the building's facade at 611 Fifth Avenue has been canceled indefinitely. The timing of the decision is pretty interesting as well: the company celebrates its centennial this year.

After years of tradition, Saks Fifth Avenue in Manhattan announced that it will not be running its annual holiday light show this holiday season.

After nearly two decades of enchanting holiday shoppers with its elaborate light displays, Saks Fifth Avenue suddenly canceled this year’s installation, an about-face from statements made less than a month ago.

Saks’ holiday windows will be open throughout the season, but the holiday light show that opens the season will not happen.

The holiday light show, which draws thousands of viewers to Saks Fifth Avenue, has been canceled to cut costs in a "challenging year" for luxury stores.

Dazzling displays of synchronized lights on the facade of Saks Fifth Avenue’s flagship store in midtown Manhattan have thrilled holiday visitors for years.