Saks Global, which owns Saks Fifth Avenue and Bergdorf Goodman, is on its way to financial restructuring in the wake of a ...

A U.S. bankruptcy judge has dismissed Amazon.com Inc.‘s (NASDAQ:AMZN) attempt to block a proposed financing deal to aid Saks ...

When a storied, more than century-old American department store filed for bankruptcy this week, many might have thought it ...

Saks Global Enterprises LLC ("Saks Global" or the "Company"), a leading luxury retail company, today announced that it has access to an initial tranche of approximately $500 million of $1.75 billion ...

Saks Global said the company expects to exit bankruptcy later this year. With court approval, $1 billion will become available for operations, and another $500 million is designated for when the ...

Saks Global, parent company of Saks Off Fifth and Neiman Marcus, is filing for bankruptcy. If its three massive Oahu ...

The e-commerce giant is fighting for a $475M investment backed by Saks Fifth Avenue's flagship Manhattan store following the ...

The department-store chain’s bankruptcy throws one of Amazon’s biggest bets on luxury retail into doubt ...

Geoffroy van Raemdonck, who previously saved Neiman Marcus, is now tasked with reviving Saks Global. He comes with proven ...

Saks Global has filed for bankruptcy, but its Neiman Marcus store at King of Prussia Mall is expected to remain open for now.

The Saks bankruptcy story illustrates how government policy married to central bank mechanizations incentives bad decisions.

Amazon said Saks "burned through hundreds of millions of dollars" in the lead-up to its recent bankruptcy filing.