With vendors angry and luxury shoppers deserting in droves, the department store chain's new CEO, Richard Baker, faces a ...

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

There are ongoing discussions to potentially stave off a bankruptcy filing, a source with knowledge of the situation told The ...

The company missed an interest payment of over $100 million, leading to expectations of an imminent Chapter 11 filing or ...

It’s hard to imagine New York City without the glittering windows of Saks Fifth Avenue, but the unthinkable is now very much ...

After nearly three decades with Saks, I will be stepping down as chief executive officer,” Marc Metrick said in a statement.

Luxury retailer Saks reportedly faces potential bankruptcy as parent company weighs Chapter 11 filing amid $100+ million debt ...

ICYMI! One major piece of news over the holiday break was the exit of longtime Saks Fifth Avenue executive Marc Metrick, ...

Saks Global Enterprises is seeking a loan of as much as $1B to keep its business running as the luxury retailer could file ...

Just days after the The Wall Street Journal reported that Saks Global is preparing for bankruptcy, having missed a $100 ...

Saks Global is facing potential bankruptcy after missing a $100 million debt payment following its acquisition of Neiman ...

Saks Global’s executive chairman, Richard Baker, is taking over the luxury retailer he created with the 2024 acquisition of ...