Unsecured creditors are looking for a long list of documents from Metrick, including information about the $2.7 billion ...
Saks may exit bankruptcy with new owners and a smaller store base. Can it win back luxury shoppers and revive ...
TJX and Nordstrom Rack were already gaining share, and they stand to benefit most as Saks Global abandons off-price retail.
Luxury retailer Saks Fifth Avenue's consolidation in Greenwich will leave it with one remaining store in Connecticut.
The luxury retail conglomerate said it would be profitable in three years and that, starting next fiscal year, revenue growth ...
The parties have settled a dispute that threatened to derail progress in Saks’ effort to exit bankruptcy court next month.
Saks Global secured a $500 million financing commitment from capital partners, and the luxury retailer plans to emerge from Chapter 11 bankruptcy this summer.
Saks Global, the parent company of Saks Fifth Avenue and Neiman Marcus, is slashing 16 percent of its corporate workforce as ...
NEW YORK, Jan 30 (Reuters) - Some of the world’s biggest luxury ‌brands are quietly exerting their influence in talks ‌with bankrupt Saks Global, pushing the retailer for favorable creditor treatment ...
The list of Saks Fifth Avenue and Neiman Marcus store locations set to close continues to grow. On March 6, 2026, parent company Saks Global announced it would close 15 additional retail locations.
Saks Global Enterprises LLC ("Saks Global" or the "Company"), a leading multi-brand luxury retail company, received approval today from the U.S. Bankruptcy Court for the Southern District of Texas of ...
NEW YORK, Jan 30 (Reuters) - Bankrupt ‌retailer Saks Global is ending ‌its "Saks on Amazon" partnership with e-commerce giant Amazon.com, a source with direct knowledge of the decision said on Friday.