A major retailer is closing more locations during bankruptcy, with its long-term prospects now in question as it evaluates ...

The parent company of Saks Fifth Avenue and Neiman Marcus is closing more department stores as it focuses on its most ...

By Dietrich Knauth Feb 20 (Reuters) - A U.S. bankruptcy judge on Friday gave final approval to Saks Global's bankruptcy financing, which provides $1 billion in new funding to the company, after Saks ...

The Saks Fifth Avenue department store in Bala Cynwyd, Pennsylvania is among those that are closing. From the Philadelphia Business Journal. Saks Fifth Avenue is closing its only store in the ...

You notice the Saks closures the moment you check the mall directory or the brand’s site, and your first thought is whether your local store made the cut. Saks Global has announced dozens of closures ...

Feb 10 (Reuters) - Saks Global ‌said on Tuesday it is ‌closing nine more stores as the high-end department store conglomerate looks to focus on ‍more profitable locations. The luxury retailer said it ...

The next phase of bankruptcy restructuring is underway for the retail empire behind Saks Fifth Avenue, Bergdorf Goodman and Neiman Marcus. Saks Global announced Tuesday that it is closing eight Saks ...

A slew of fashion labels and jewelers caught up in Saks Global’s bankruptcy are refusing to ship new merchandise to stores — worried that they won’t get paid as the luxury giant is locked in a ...

If you thought 2025 was a rollercoaster of going-out-of-business sales and restaurant failures, buckle up for 2026, because it’s already off to an inauspicious start. A number of big businesses have ...

PHOENIX (AZFamily) — After its parent company filed for bankruptcy earlier this year, changes are coming to a prime Saks Fifth Avenue location in Phoenix. The Saks Fifth Avenue store in the Biltmore ...