neiman marcus

Saks Global Vendors Say They Still Aren’t Being Paid
Saks Global Vendors Say They Still Aren’t Being Paid
August 10, 2025  |  Retail

Saks Global’s overdue payments problem reportedly continues to plague the department store. Get the Full Story Complete the form to unlock this article and enjoy...

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Saks Says Plan to Pay Past-Due Bills Improved Vendor Relationships
Saks Says Plan to Pay Past-Due Bills Improved Vendor Relationships
April 28, 2025  |  Retail

Saks Global Enterprises reportedly told creditors that it has improved its relationships with vendors and built up its inventory since implementing a plan in February...

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Neiman Marcus to Close One Dallas Location, Renovate Another
Neiman Marcus to Close One Dallas Location, Renovate Another
February 19, 2025  |  Retail

A Neiman Marcus store in downtown Dallas is reportedly set to close on March 31 after owner Saks Global received a notice from the landlord...

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Saks Seeks Suppliers’ Patience on Payments as Luxury Brands Struggle
Saks Seeks Suppliers’ Patience on Payments as Luxury Brands Struggle
February 16, 2025  |  Retail

Luxury retailer Saks is reportedly warning its suppliers that it may take some time to get paid. Get the Full Story Complete the form to...

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BNPL Makes Inroads With Luxury Brands as High Earners Pay Over Time
BNPL Makes Inroads With Luxury Brands as High Earners Pay Over Time
January 01, 2025  |  BNPL

The conventional wisdom may be that buy now, pay later (BNPL) options are best suited for lower- to middle-income consumers, for smaller ticket items, and...

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Saks Promises ‘Innovation and Growth’ After Completing Neiman Marcus Acquisition
Saks Promises ‘Innovation and Growth’ After Completing Neiman Marcus Acquisition
December 24, 2024  |  Retail

Saks Global has completed its previously announced acquisition of Neiman Marcus Group for a total enterprise value of $2.7 billion. Get the Full Story Complete...

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Planned Saks Fifth Avenue-Neiman Marcus Deal Passes Regulatory Hurdle
Planned Saks Fifth Avenue-Neiman Marcus Deal Passes Regulatory Hurdle
August 21, 2024  |  Acquisitions

The planned acquisition of Neiman Marcus Group (NMG) by HBC, the parent company of Saks Fifth Avenue, is one step nearer to closing. Get the Full Story Complete the...

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Saks Reportedly Misses Hundreds of Thousands in Vendor Payments 
Saks Reportedly Misses Hundreds of Thousands in Vendor Payments 
August 05, 2024  |  Retail

Amid a merger worth $2.6 billion, Saks reportedly owes vendors hundreds of thousands. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Personalized Luxury: The Key to Winning Wealthy Shoppers
Personalized Luxury: The Key to Winning Wealthy Shoppers
July 19, 2024  |  Retail

In an era where luxury is becoming increasingly defined by personalization, wealthy consumers are demanding that brands innovate, tailoring their offerings to match their individual...

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