The investigation led to the recovery of more than $3.8 million in stolen goods, as well as 550-plus stolen gift cards and ...

Saks Global faces financial hurdles post the Neiman Marcus acquisition. The company made a crucial interest payment. It ...

The luxury retailer made an initial payment to bondholders on time, but six months after it acquired Neiman Marcus concerns ...

As the holidays loom and past vendor payments come due, the package replaces a previous proposal for $350 million in new financing.

Saks Global Enterprises has reached a US$600 million financing agreement with existing lenders as part of a debt ...

Rough weather struck the carrier's Atlanta hub. Airlines have canceled more than 2,800 U.S. flights since Friday. The firm had big ambitions for three resorts with views of the Aegean Sea. It recently ...

Saks Global Enterprises has reached a $600 million debt deal with a number of its existing investors that would force some creditors to accept losses and push them back in the repayment priority line.

Owner of Saks Fifth Avenue and Neiman Marcus is expected to ask bondholders excluded from the financing to take a haircut.

Saks Global Enterprises has reached a $600 million debt deal with a number of its existing lenders that would force some ...

The S&P 500 surged to a fresh record on Friday (June 27), shaking off renewed trade concerns after U.S. President Donald ...

The first $300 million will be given right away by investors who hold just over half of Saks’ $2.2 billion in high-interest ...