The company is on track to be on much firmer footing when it re-emerges from bankruptcy and finally completes its ...
An updated plan of reorganization detailed the company's new board, a key litigation trust and more.
Saks may exit bankruptcy with new owners and a smaller store base. Can it win back luxury shoppers and revive department-store retail?
The list of Saks Fifth Avenue and Neiman Marcus store locations set to close continues to grow. On March 6, 2026, parent company Saks Global announced it would close 15 additional retail locations.
The Downtown Dallas store is one of the few Neiman Marcus anchors Saks is prioritizing to remain open during bankruptcy.
Saks Global said Friday it was closing 15 more stores as the luxury retailer, which filed for bankruptcy earlier this year, tries to cut losses and focus on more profitable, higher-end locations. The ...
Just eight weeks ago, Saks Fifth Avenue was celebrating the return of its annual holiday lights display at its Manhattan flagship store. The splashy November premiere, complete with an appearance by ...
Saks Global to close most of its Saks Off 5th stores as it restructures during Chapter 11 bankruptcy
NEW YORK -- The parent company of Saks Fifth Avenue and Neiman Marcus is closing most of its Saks Off 5th locations to focus on its iconic department stores and raise money to pay off its debts during ...
Saks Global and Eddie Bauer are among the major retailers to file for bankruptcy in 2026, highlighting industry-wide challenges.
Forbes contributors publish independent expert analyses and insights. Pam Danziger reports on retail, focused on the luxury consumer market. Saks Global is closing 15 more stores, primarily Saks Fifth ...
Saks Global received court approval on Friday to send its bankruptcy plan to creditors for a vote, asking them to approve a restructuring that would wipe out the company's equity and hand control ...
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