Saks creditors have demanded certain milestones be put in place as part of any financing, the people said. One iteration of a ...
5don MSN
Saks owner races to raise $1B in financing as CEO steps down, possible bankruptcy looms: sources
There are ongoing discussions to potentially stave off a bankruptcy filing, a source with knowledge of the situation told The ...
The top executive of the private company that owns Saks Fifth Avenue and Neiman Marcus is stepping down as it struggles with ...
Part of the facade of Saks Fifth Avenue in Manhattan. © Alexandre Fagundes De Fagundes| Dreamstime.com On Friday, Jan. 2, ...
Saks Global’s executive chairman, Richard Baker, is taking over the luxury retailer he created with the 2024 acquisition of ...
MIDTOWN, Manhattan (WABC) -- It's beginning to look a lot like Christmas at Saks Fifth Avenue. The department store unveiled its iconic holiday windows at its flagship store in Midtown, Manhattan on ...
NEW YORK, Sept. 2, 2025 /PRNewswire/ -- Saks Fifth Avenue launches its Fall 2025 campaign, a bold celebration of discovery, self-expression and the excitement of dressing for the season ahead.
Saks is struggling with declining sales, lost customer trust, vendors holding shipments, executive exodus and liquidity ...
AfroTech on MSN
Saks Global CEO Marc Metrick steps down amid debt troubles
Marc Metrick has stepped down as CEO of Saks Global, the company announced Friday, Jan. 2, 2026. The leadership change comes ...
LOWER MANHATTAN, Manhattan (WABC) -- An iconic store filled with high fashion and sophistication may be the last place you would expect to find a tattoo parlor, but the times are changing at Saks ...
GlobalData on MSN
Richard Baker appointed Saks Global CEO as Marc Metrick steps down
Saks Global, a multi-brand luxury retailer, has appointed Richard Baker as chief executive officer (CEO), in addition to his ...
In February 2024, Macy’s announced it would close more than 100 stores as part of its “Bold New Chapter” regrowth strategy.
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