The parent company of Saks, Neiman Marcus and Bergdorf Goodman struggled with debt, designers and customers in recent years.

The venerable retailer is seeking protection from its creditors after its $2.65 billion purchase of Nieman Marcus failed to ...

Saks Global has secured roughly $1.75 billion in financing, the New York company said as filed for Chapter 11 bankruptcy ...

Saks Global, which also owns Neiman Marcus and Bergdorf Goodman, filed for bankruptcy protection after running out of cash.

It's one of the largest retail collapses since the pandemic, barely a year after a deal intended to create a luxury ...

Saks Global has filed for bankruptcy protection as the US luxury retailer grapples with a bloated debt burden, in the latest ...

Birmingham was once Saks' headquarters following a 1998 merger with Knoxville-based department store chain Proffitt's Inc.

Saks Global filed for Chapter 11 bankruptcy after missing a $100M debt service bill associated with its $2.7B Purchase of ...

The retailer, split off from Hudson’s Bay Co. over a year ago, struggled with debt and fell significantly behind on vendor ...

It’s an end of an era for Neiman Marcus. Nearly 120 years after its opening, the luxury department store’s historic Dallas headquarters is shuttering, Saks Global, the new owner of Neiman Marcus, ...

Executives at Saks Global have signaled plans to shore up cash by offloading stores or raising emergency financing.

The largest luxury department store group has filed for bankruptcy protection, and the news is sending shockwaves through the ...