Saks Global filed for bankruptcy on the same day fresh monthly sales data showed stronger-than-expected U.S. retail sales.

The upmarket U.S. department store conglomerate filed for Chapter 11 bankruptcy protection late on Tuesday, barely a year ...

The move comes after Saks Global struggled with debt it took on to buy rival Neiman Marcus, lagging department store sales ...

As of now, Saks Fifth Avenue (611 5th Avenue) has 70% off designer sale signs around the store. It’s unknown if these sales ...

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

The luxury retailer, saddled with debt and facing headwinds, says it's evaluating its physical store footprint as it goes ...

Luxury retailer Saks files for bankruptcy after missing $100 million payment, triggering restructuring amid mounting debt ...

In 2024, Amazon took a 23% stake in the entity formed by Saks that acquired Neiman Marcus, taking on a major role in backing ...

Saks Global, the parent company of Saks Fifth Avenue, Neiman Marcus and Bergdorf Goodman, filed for Chapter 11 bankruptcy ...

Luxury retailer Saks Global has filed for bankruptcy, preparing to reposition itself after obtaining about $1.75 billion in ...

Former Neiman Marcus Group CEO ​​Geoffroy van Raemdonck is bringing on a fresh slate of executives and has a $1.75 billion ...

Saks Global’s 2026 Chapter 11 shocks luxury retail. Learn what drove the collapse, key creditors, and rivals’ moves—stay ...