Saks Fifth Avenue, the iconic luxury retailer, went into bankruptcy last Thursday. To read most of the press coverage, you’d think that it was just the latest casualty in a long line of failed ...
The luxury department store owes billions of dollars to suppliers and vendors. But at its New York City flagship this week, ...
Saks Global said the company is 'evaluating its operational footprint to invest resources where it has the greatest long-term ...
The move comes after Saks Global struggled with debt it took on to buy rival Neiman Marcus, lagging department store sales ...
The luxury retailer filed for chapter 11 protection on Wednesday after struggling with sliding sales and mounting debts.
The iconic luxury retailer has a location at the American Dream mall. Saks' purchase of Neiman Marcus saddled it with $2 ...
Luxury moves from department stores to experience economies; Saks falters while Belmont, Bal Harbour and brand theatre take ...