Federal judge approves a financing plan to lift Saks Global out of Chapter 11 proceedings, saving most, if not all, Saks ...
Richard Baker wanted to create a retail empire when he combined Saks Fifth Avenue and Neiman Marcus. About a year later, it ...
The store is slated for closure as part of parent company Saks Global’s bankruptcy restructuring, opening up about 75,000 ...
More than 380 brands have resumed shipments to Saks Global stores, with inventory flow improving each week since mid-January, ...
Richard Baker’s real estate obsession and Marc Metrick’s finance lens are thought to have sunk Saks Global. But Occam’s Razor offers the simplest, clearest explanation.
Saksoff5th.com, Neiman Marcus Last Call and the "majority" of Saks Off 5th stores are closing. Here's the latest on which ...
In part 2, we examine how Saks Fifth Avenue and Neiman Marcus managed to disregard what luxury customers really want, despite ...
Saks Global is also closing seven other Saks Fifth Avenue stores across the U.S., plus one Neiman Marcus store in Boston.
Saks Fifth Avenue is taking the brunt of the plans, with eight stores on the list. The company told a bankruptcy court further closures may be necessary.
Since declaring Chapter 11 bankruptcy last month, Saks Global Enterprises will close eight Saks Fifth Avenue stores, as well as one - Company news, News, Operations, Retailers ...
The plans include eight Saks Fifth Avenue locations and one Neiman Marcus store.