Saks Global

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. Get the Full Story Complete the form to unlock this article and enjoy...

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S&P Global Downgrades Saks Global’s Credit Rating, Citing Financing Package
S&P Global Downgrades Saks Global’s Credit Rating, Citing Financing Package
July 11, 2025  |  Business

S&P Global Ratings has downgraded its issuer credit rating on Saks Global Enterprises from “CCC+” to “CC,” saying the luxury retailer’s proposed $600 million financing transaction...

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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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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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Luxury Retailers Merge and Partner Their Ways Through Economic Uncertainty
Luxury Retailers Merge and Partner Their Ways Through Economic Uncertainty
October 11, 2024  |  Retail

The luxury goods market is witnessing a notable trend toward strategic partnerships. Rather than retreating in the face of challenges, industry players are doubling down...

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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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They Said That: Notable Quotables From the Week of July 8, 2024
They Said That: Notable Quotables From the Week of July 8, 2024
July 12, 2024  |  Payments Innovation

PYMNTS reporters, analysts and writers do dozens of interviews every week to bring you the editorial package that is PYMNTS and PYMNTS Intelligence. While they...

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