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

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

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

Neiman Marcus and Saks Fifth Avenue have agreed to a blockbuster merger that combines the nation’s two dominant luxury retailers – and Amazon is joining the deal, too.

Saks has responded in a no less relatable way: by going deeper into debt. Late on Friday it announced a complex $600mn ...

New Saks-Neiman Marcus leader says $2.65 billion deal ‘is about growing,’ not shrinking In exclusive interview with The News, CEO Marc Metrick says there are no cutback plans at either of the ...

Saks Fifth Avenue parent HBC will acquire department-store chain Neiman Marcus in a $2.65-billion deal, the companies said on Thursday, giving them stronger negotiating power with vendors and ...

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

Saks buying long-term rival Neiman Marcus may create a stronger combined entity but there are many vexing issues to be resolved if and when the deal receives FTC approal.

HBC, the parent corporation of Saks, declined to comment. The government has been reviewing the deal revealed July 5 by HBC to purchase the Neiman Marcus Group for a total enterprise value of $2.6 ...

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