Saks may exit bankruptcy with new owners and a smaller store base. Can it win back luxury shoppers and revive ...

Saks Global is laying off about 640 corporate employees, or 16% of its corporate staff, as part of its restructuring plan to exit Chapter 11 bankruptcy. The parent of Saks Fifth Avenue, Neiman Marcus, ...

Saks Global Enterprises LLC won bankruptcy court permission to hand out as much as $5.2 million in bonuses to its top executives. The company, which includes Saks Fifth Avenue, Neiman Marcus and ...

Macy’s Inc is moving forward with additional store closures in 2026. According to the retailer’s website, 14 stores are closing soon nationwide, with shoppers losing their local Macy’s in 12 states.

Walmart is planning to remodel 15 stores across Michigan in 2026, aiming to upgrade layouts, technology and services to enhance both in-store and online shopping experiences, according to a community ...

Saks Global Enterprises won court approval to sell its Gulfstream jet that executives used for business and personal travel, as the bankrupt luxury retailer slashes debt and operating expenses. Jones ...

NEW YORK — Convenience chain 7-Eleven expects to close hundreds of its locations this year. According to earnings filings published last week, 7-Eleven’s North American operator plans to close 645 ...

NEW YORK--(BUSINESS WIRE)--Global investigations and advisory firm Nardello & Co. announced today that Mark Kronfeld has joined the firm’s New York office as Managing Director and Head of the firm’s ...

Saks Global filed for bankruptcy protection earlier this year. Now the luxury retailer is looking to sell off its corporate jet for $6 million. The sale, which requires court approval, would boost ...

Saks Global, the bankrupt company behind Saks Fifth Avenue, Neiman Marcus, and Bergdorf Goodman, is continuing to close stores. In March, the company said it would close 10 Saks Fifth Avenue and two ...

Bankruptcy is often treated as a last resort or as a sign of failure for businesses and individuals, but New Orleans attorney Jenny Abshier says that point of view misses what the legal process is ...

The corporate jet is out, the “New Saks” is on the way in. Saks Global filed its plan of reorganization with bankruptcy court on Sunday. And while many of the details were left blank, pending ...