In this three-part series with commentary from vendors, retail veterans and industry analysts, we trace missteps of the key ...

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 ...

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 ...

The parent of Saks Fifth Avenue and Neiman Marcus filed for bankruptcy protection, barely a year after an ambitious bet on luxury department stores brought the two storied retailers together in what ...

Saks Global filed for bankruptcy protection late Tuesday, according to court documents entered in U.S. Bankruptcy Court in Houston, throwing the future of the roughly century-old high-end department ...

Saks Global officially filed for Chapter 11 bankruptcy protection. The move happened in the U.S. Bankruptcy Court for the Southern District of Texas, according to a statement from the New York-based ...

Saks Global, the parent company behind Saks Fifth Avenue, Neiman Marcus and Bergdorf Goodman, has filed for bankruptcy protection. The company has been running out of cash and struggling to pay its ...

Saks Global has filed for Chapter 11 bankruptcy protection. The luxury giant owns retail icons, including Saks Fifth Avenue, Neiman Marcus, and Bergdorf Goodman. The news comes after a challenging 12 ...

Saks Global, the parent company of luxury retailer Saks Fifth Avenue, filed for Chapter 11 bankruptcy protection late Tuesday. The company had struggled with a heavy debt load following its purchase ...

The first major retail bankruptcy of 2026 has arrived. Today, Saks Global Enterprises, owner of Saks Fifth Avenue and other luxury retail brands, has filed to seek Chapter 11 bankruptcy protection.