The luxury department store owes billions of dollars to suppliers and vendors. But at its New York City flagship this week, ...
The filing comes a year after the company completed a high-profile merger combining Saks Fifth Avenue, Neiman Marcus and ...
Saks Fifth Avenue is running major clearance deals on designer sunglasses, bags, and denim after its bankruptcy announcement.
It’s the end of an era, some might say. 2026 might be the beginning of the end for some of New York City’s most beloved ...
Saks Fifth Avenue shopping sprees aren’t over just yet. The Chapter 11 bankruptcy of Saks Global, the parent company of Saks ...
The owner of Saks Fifth Avenue is seeking bankruptcy protection, buffeted by rising competition and the massive debt it took ...
Saks Fifth Avenue's parent company, Saks Global, has filed for Chapter 11 bankruptcy amid financial struggles.
The move comes after Saks Global struggled with debt it took on to buy rival Neiman Marcus, lagging department store sales ...
“There has been a transformation in retail,” one expert said.
Saks Global sought Chapter 11 protection as debt, slowing sales and shifting luxury shopping habits squeezed the business ...
Luxury retailer Saks files for bankruptcy after missing $100 million payment, triggering restructuring amid mounting debt ...
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