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 ...

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

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 ...

Saks Secures Financing and Plans to Make Debt Payment Monday Owner of Saks Fifth Avenue and Neiman Marcus is expected to ask bondholders excluded from the financing to take a haircut. It's Known as ...

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 ...

Asset managers are eagerly awaiting an S.E.C. decision that would allow mutual funds to also trade as E.T.F.s — potentially ...

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 ...