The historic Saks department store chain has emerged from Chapter 11 bankruptcy with a much lower level of debt and a smaller store base. The Saks name is owned by Exemplar Luxury Group, which also ...

Forbes contributors publish independent expert analyses and insights. Mark Faithfull is London-based and covers retail and real estate Saks Global and Authentic Brands Group are looking to diversify ...

Saks Fifth Avenue is laying off 58 employees at its two-story luxury store at the American Dream mall in East Rutherford as it prepares to close the store amid its bankruptcy. The layoffs will go into ...

Saks Off 5th, the off-price retailer within Saks Global, will close nine of its 79 locations beginning in January, WWD has learned. The decision to close stores follows an extensive analysis of the ...

Add Yahoo as a preferred source to see more of our stories on Google. An image collage containing 2 images, Image 1 shows A shopper walks past a Saks Fifth Avenue OFF 5TH store, Image 2 shows Exterior ...

Stores are still open, but the luxury retailer is 'evaluating its operational footprint' which could lead to a number of closures Pedestrians walk past a Saks Fifth Avenue store on Dec. 30 in Chicago, ...

A Saks Global bankruptcy filing is expected by early-to-mid next week, with the struggling luxury retailer submitting a reorganization plan involving scores of store closures across the portfolio.

Saks Fifth Avenue is shuttering in San Francisco while a nearby Neiman Marcus remains open, but don't expect to see consolidation in cross-over markets. Saks Global, which acquired Neiman Marcus at ...

As of Monday, the city of Dallas possesses the deed for a small piece of land beneath the Neiman Marcus flagship — the center of a dispute that Saks Global blamed for its plans to close the store, ...

Forbes contributors publish independent expert analyses and insights. Steve Dennis is a top retail influencer, strategic advisor and author. Nearly five years ago I wrote that a Saks/Neiman Marcus ...

Add Yahoo as a preferred source to see more of our stories on Google. The sole Saks OFF 5th store in New Hampshire has closed permanently after Saks Global, its parent company, filed for bankruptcy ...

Saks Global, which owns luxury brand Saks Fifth Avenue and its discounted division Saks Off Fifth, is announced a series of leadership changes and a bankruptcy filing, leaving consumers wondering if ...