Richard Baker's approach to dealmaking and retail building has been to move fast, never overpay, throw it all against the ...
Amazon, whose mammoth claim stems from a flopped e-commerce partnership with Saks, has vowed to use all “available legal remedies” to fight for its money, according to court documents.
A state WARN filing shows dozens of employees at the longtime Copley Place luxury retailer will lose their jobs this spring ...
In part 2, we examine how Saks Fifth Avenue and Neiman Marcus managed to disregard what luxury customers really want, despite ...
In a plan pitched by Palm Beachers, 151 Worth Ave. will have 17 retail spaces, a second-floor restaurant with outdoor dining ...
Eight Saks Fifth Avenue stores and a Neiman Marcus store in Boston will close as their parent company focuses on its most profitable businesses and pares down debt during its Chapter 11 bankruptcy ...
Saks Global, owner of luxury brand Saks Fifth Avenue and discount division Saks Off 5th, announced widespread closures following its recent bankruptcy filing. Saks Off 5th shared a social media post ...
Saks Global, owner of luxury brand Saks Fifth Avenue and discount division Saks Off 5th, is downsizing following its recent bankruptcy filing. Saks Off 5th shared a social media post on Feb. 2, ...
(KRON) — For nearly a decade, Neiman Marcus was an anchor store for luxury shopping in Walnut Creek’s already ritzy downtown area. For whatever void Neiman Marcus left five years ago when it shut down ...
After five years, downtown Walnut Creek’s defunct Neiman Marcus at the Broadway Plaza shopping center finally has a new tenant. In an earnings call on Nov. 6, 2024, Douglas J. Healey, senior executive ...
[Update as of January 15, 2026] A judge has approved Saks Global‘s request for $400 million in rescue financing to keep operations afloat as it moves forward with its bankruptcy and restructuring, but ...
Saks Fifth Avenue's acquisition of Neiman Marcus was supposed to create a luxury powerhouse, but instead it led to the company filing for Chapter 11 bankruptcy protection. After funding the deal with ...