Saks Global is reportedly plotting a luxury-focused revival as it emerges from bankruptcy. The company, owner of department stores Saks Fifth Avenue, Neiman Marcus and...
Saks Global is reportedly weighing two competing offers of bankruptcy financing packages as it prepares to file for bankruptcy. The company, which owns Saks Fifth...
Saks Global’s overdue payments problem reportedly continues to plague the department store. As Retail Dive reported Friday (Aug. 8), the company told analysts in June...
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...
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...
Luxury retailer Saks is reportedly warning its suppliers that it may take some time to get paid. As The Wall Street Journal (WSJ) reported Friday...
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...
Saks Global has completed its previously announced acquisition of Neiman Marcus Group for a total enterprise value of $2.7 billion. This acquisition brings together the...
The planned acquisition of Neiman Marcus Group (NMG) by HBC, the parent company of Saks Fifth Avenue, is one step nearer to closing. The waiting period under the Hart-Scott-Rodino...