Saks Global has appointed Richard Baker as CEO, in addition to his ongoing responsibilities as executive chairman.

Saks Global is considering restructuring after being weighed down by debt from its $2.7B deal to acquire Neiman Marcus in ...

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Palm Beach building that previously housed department store Saks Fifth Avenue would get multiple storefronts and ...

Saks is on the brink of bankruptcy after a year of missed payments, vendor pullbacks, and a rescue plan gone awry. Here's how ...

Saks Global replaces its CEO amid debt pressure, missed payments, and a slowdown in luxury sales, exposing the risks of rapid ...

Over the past few years, the question of how the average young American can afford to live independently has become a ...

Neiman Marcus, which has occupied the 9700 Wilshire Boulevard store since it opened in 1979, will continue to serve customers ...

From a record-breaking commercial damages award and the collapse of 355-year-old retailer the Hudson's Bay Company to ...

With most of America's department store chains now stabilized - excluding Saks Fifth Avenue and Neiman Marcus - the outlook ...

The Fashion Outlets of Chicago in Rosemont stands as a monument to the art of scoring designer goods without the designer price tag – a place where your wallet doesn’t need to go into witness ...

Saks Global, parent of high-end department store chain Saks Fifth Avenue, is weighing Chapter 11 bankruptcy as a last resort, Bloomberg News reported on Monday, citing people familiar with the matter.