Saks news and trends

Saks Global Pledges $600 Million to Vendors After Court Win

February 20, 2026
Saks
Saks Global Winds Down eCommerce Deal With Amazon
eCommerce // February 01, 2026

Bankrupt department store company Saks Global is ending its eCommerce partnership with Amazon. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....

Saks Global to Shutter Majority of off-Price Stores in Shift to Luxury Focus
Retail // January 29, 2026

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 reported Thursday (Jan. 29). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Amazon Blasts Saks, Objects to Bankruptcy
Amazon // January 15, 2026

Amazon is reportedly challenging luxury retailer Saks Global’s bankruptcy filing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this...

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

Saks Global is reportedly weighing two competing offers of bankruptcy financing packages as it prepares to file for bankruptcy. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...

Interviews & Exclusives
Luxury Retailers Merge and Partner Their Ways Through Economic Uncertainty

October 11, 2024
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 on collaboration to fortify their positions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins […]

Vrai Ramps Omnichannel Approach Amid Surging Demand for Lab-Grown Diamonds

January 19, 2023
Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Quick Reads
Saks Global Pledges $600 Million to Vendors After Court Win

February 20, 2026
Saks Global received court approval Friday (Feb. 20) for a $1 billion bankruptcy loan, Reuters reported Friday. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree […]

Saks Global Winds Down eCommerce Deal With Amazon

February 01, 2026
Bankrupt department store company Saks Global is ending its eCommerce partnership with Amazon. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Saks Global to Shutter Majority of off-Price Stores in Shift to Luxury Focus

January 29, 2026
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 reported Thursday (Jan. 29). Get...

Amazon Blasts Saks, Objects to Bankruptcy

January 15, 2026
Amazon is reportedly challenging luxury retailer Saks Global’s bankruptcy filing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...