Saks Global Inc. said Friday it will close 12 more Saks Fifth Avenue stores and three more Neiman Marcus stores. The shuttered Saks stores include sites in Chevy, Chase, Maryland, Chicago and San ...

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 ...

Saks Global Enterprises filed for Chapter 11 bankruptcy protection in January after it missed a $100 million interest payment ...

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 ...

The retailer began to come back to life as DIP funding and court supervision gave vendors more confidence in the business.

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, 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 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 ...