Over 50 Saks OFF Fifth locations closing after luxury retail giant files for bankruptcy
Saks Global announced the closure of 57 Saks OFF Fifth locations, leaving only 12 in operation ...
Bergdorf Goodman workers claim majority of cash missing from paychecks as parent company Saks Global files for bankruptcy: ‘Unacceptable’
Saks Global filed for Chapter 11 bankruptcy protection Jan. 13 – nearly two weeks after the workers' cash conundrum began.
Arkansas Democrat-Gazette
Saks Global files for bankruptcy
The owner of Saks Fifth Avenue is seeking bankruptcy protection, buffeted by rising competition and the massive debt it took on to buy its rival in the luxury sector, Neiman Marcus, just over a ...
Reuters
Focus: Saks Global leans on real estate to keep doors open during bankruptcy (Jan 14)
DIP financing could give Saks time to monetize real estate assets Vendor negotiations and inventory issues challenge Saks' operations Legacy leases offer Saks bargaining power in high-performing ...