An appeal for bankruptcy protection filing of the operator of Saks Fifth Avenue, Bergdorf Goodman and Neiman Marcus has left ...

A Chapter 11 bankruptcy plan enables the retailer to void leases and quickly close stores.

The luxury retailer, saddled with debt and facing headwinds, says it’s evaluating its physical store footprint as it goes ...

“There has been a transformation in retail,” one expert said.

Saks Global said the company is 'evaluating its operational footprint to invest resources where it has the greatest long-term ...

Saks Off 5th, the discount sister brand of luxury department store Saks Fifth Avenue, is planning to close nine stores across the U.S. beginning early next year. The retailer – which operates roughly ...

Saks Off 5th, the discount retailer of its sister store Saks Fifth Avenue, is closing nine stores across the United States, the company said in a statement to USA TODAY. The closures are set to begin ...

Saks Fifth Avenue will not hold its annual dazzling holiday light show at its flagship store in Midtown Manhattan. Despite celebrating the store’s 100th anniversary this year, Saks decided to dump the ...

On Wednesday Saks Global, the parent company of Saks Fifth Avenue, Neiman Marcus and Bergdorf Goodman and the largest luxury ...