NEW YORK(AP) — The parent company of Saks Fifth Avenue and Neiman Marcus is closing more department stores as it focuses on its most profitable businesses and trims debt during its Chapter 11 ...

The parties have settled a dispute that threatened to derail progress in Saks’ effort to exit bankruptcy court next month.

Saks Global — owner of luxury stores including Saks Fifth Avenue and Neiman Marcus — is cutting over 1,200 jobs as it shutters more than a dozen locations nationwide following its bankruptcy filing ...

Saks Global's trip into bankruptcy court marked a turning of the page for the luxury retailer. After struggling last year under a heavy debt load and a lack of vendor support, the inventory started to ...

Saks Global’s trip into bankruptcy court marked a turning of the page for the luxury retailer. After struggling last year under a heavy debt load and a lack of vendor support, the inventory started to ...

FILE - Saks Fifth Avenue holiday light show and window reveal on Monday, Nov. 24, 2025, in New York. (Photo by Evan Agostini/Invision/AP, File) FILE - Saks Fifth Avenue holiday light show and window ...

Saks Global is poised to exit bankruptcy protection this summer, with a group of bondholders promising to provide the retail giant $500 million in financing to operate its luxury stores, the company ...

The parent company of luxury retailer Saks announced Thursday that it entered into a restructuring agreement with its capital partners who committed to provide $500 million in financing when the ...