NEW YORK -- Saks Fifth Avenue says its holiday light show, a popular New York City tradition, is coming to an end. For years, the department store has attracted visitors with dazzling lights at its flagship store in Midtown, Manhattan.

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.

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.