The $2.7-billion marriage of Saks and Neiman Marcus was meant to create a powerhouse in the world of luxury department stores ...

A year after merging, Saks Global is weighed down by debt, weak luxury demand and vendor pullbacks, raising Chapter 11 risks.

With speculation flying that the luxury retailer could file for Chapter 11, attorneys lay out what might come next.

Barely a year after Saks bought rival Neiman Marcus, creditors are in talks over whether to provide more money to keep stores ...

Saks Global’s executive chairman, Richard Baker, is taking over the luxury retailer he created with the 2024 acquisition of ...

Saks Global has appointed Richard Baker as CEO, in addition to his ongoing responsibilities as executive chairman.

No special closing sales are planned at the store, which offers luxury off-price fashion. Saks Global plans to close nine ...

According to a recent Wall Street Journal report, companies are now hiring storytellers with the same decisiveness reserved ...

Saks Global reported that its chief executive, Marc Metrick, has stepped down to pursue other opportunities, following the ...

A popular retailer is reportedly facing potential Chapter 11 bankruptcy amid financial struggles, according to multiple ...

Part of the facade of Saks Fifth Avenue in Manhattan. © Alexandre Fagundes De Fagundes| Dreamstime.com On Friday, Jan. 2, ...