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Saks Global said Friday it was closing 15 more stores — including one in Maryland — as the luxury retailer, which filed for bankruptcy earlier this year, tries to cut losses and focus on more ...

Saks Global secures $500 million financing commitment from capital partners as the luxury retailer plans to emerge from Chapter 11 bankruptcy this summer.

Saks Global, the parent company of Saks Fifth Avenue and Neiman Marcus, has just announced it will close 15 department stores by May 2026 as part of its Chapter 11 bankruptcy restructuring. The ...

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, the parent company of Saks Fifth Avenue and Neiman Marcus, will close 15 more department stores (12 Saks, 3 Neiman Marcus) as part of its Chapter 11 bankruptcy restructuring. The closures ...

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 - Holiday decorations are displayed during Saks Fifth Avenue's holiday light show and window reveal, Nov. 24, 2025, in New York. (Photo by Evan Agostini/Invision/AP, File) FILE - Holiday ...

The luxury retailer is progressing through its court-supervised restructuring and positioning to reemerge with a stable ...