Saks Fifth Avenue

Saks Shifts Focus to Luxury as Retailer Exits Bankruptcy

Saks Shifts Focus to Luxury as Retailer Exits Bankruptcy
Saks Shifts Focus to Luxury as Retailer Exits Bankruptcy
June 28, 2026  |  Retail

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...

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Saks Seeks Bankruptcy Protection and Names New CEO
Saks Seeks Bankruptcy Protection and Names New CEO
January 14, 2026  |  Retail

Luxury retail company Saks Global has declared bankruptcy amid mounting debts. The company, which owns Saks Fifth Avenue stores as well as department stores Bergdorf...

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Saks Global Weighs Competing Bankruptcy Financing Offers
Saks Global Weighs Competing Bankruptcy Financing Offers
January 09, 2026  |  Retail

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...

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Saks Says ‘Hyper-Personalized’ Homepage Boosts Revenue Per Visitor by 7%
Saks Says ‘Hyper-Personalized’ Homepage Boosts Revenue Per Visitor by 7%
August 15, 2025  |  Retail

Saks Fifth Avenue’s new “hyper-personalized” homepage in its online and mobile app experience has improved conversion by nearly 10% and boosted revenue per visitor by...

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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. As Retail Dive reported Friday (Aug. 8), the company told analysts in June...

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‘Saks on Amazon’ Storefront Combines Curated Shopping and Fast Delivery
‘Saks on Amazon’ Storefront Combines Curated Shopping and Fast Delivery
May 01, 2025  |  eCommerce

The new Saks on Amazon storefront offers the curated shopping experience and luxury fashion and beauty items associated with Saks Fifth Avenue together with the...

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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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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. As The Wall Street Journal (WSJ) reported Friday...

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