Saks Global filed for bankruptcy on the same day fresh monthly sales data showed stronger-than-expected U.S. retail sales.

The luxury retailer has struggled with slow sales and debt relating to its recent acquisition of rival Neiman Marcus.

Global asset ​management firm GoldenTree will ‌buy a chunk of a $1 billion bankruptcy financing for luxury retailer Saks ...

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

The Chapter 11 bankruptcy filing by Saks Global Enterprises on Jan. 13 has raised questions among shoppers and vendors about ...

The parent company of Saks, Neiman Marcus and Bergdorf Goodman struggled with debt, designers and customers in recent years.

The luxury retailer filed for chapter 11 protection on Wednesday after struggling with sliding sales and mounting debts.

Luxury retailer Saks Global has filed for bankruptcy, preparing to reposition itself after obtaining about $1.75 billion in ...

The owner of Saks, Neiman Marcus and Bergdorf Goodman becomes the highest-profile department-store chain to file for chapter ...

The venerable retailer is seeking protection from its creditors after $2.65 billion purchase of Nieman Marcus failed to spark ...

The end of one-stop luxury? How a $2.65 billion deal turns into debt, forcing a reckoning for brands and buyers alike.

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