Saks Global has secured $500 million in exit financing from a group of its senior secured bondholders and expects to emerge from Chapter 11 this summer....
Saks Global received court approval Friday (Feb. 20) for a $1 billion bankruptcy loan, Reuters reported Friday. The financing had been held up by vendors’...
Bankrupt department store company Saks Global is ending its eCommerce partnership with Amazon. That’s according to a Friday (Jan. 30) report from Reuters, which noted...
Saks Global will wind down the majority of its off-price operations, including most Saks OFF 5TH locations and all Neiman Marcus Last Call stores, Reuters...
Amazon is reportedly challenging luxury retailer Saks Global’s bankruptcy filing. The eCommerce giant accuses the company of breaking an agreement on the sale of Saks...
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 is considering bankruptcy while facing a $100 million-plus debt payment, Bloomberg reported Monday (Dec. 22). The luxury retail group is also mulling other...
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...