The closure comes as the luxury department store chain and its sister company, Neiman Marcus, face an uncertain future and a ...

"While a Chapter 11 seems imminent, there are likely some Hail Marys that could save Saks from filing for bankruptcy," he ...

American Express cardholders are hurrying to spend store credits and gift cards at cash-strapped retailer Saks Fifth Avenue.

Saks creditors have demanded certain milestones be put in place as part of any financing, the people said. One iteration of a ...

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

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

As a Chapter 11 filing reportedly looms, Vogue Business breaks down what happens from here, with brands stuck deciding ...

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

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

Attorneys for Suhail Kwatra claim Saks is waging a “vindictive and unlawful scheme” to destroy his reputation because he was ...

Saks Global Enterprises, which operates Saks Fifth Avenue and Neiman Marcus, said Friday its CEO Marc Metrick stepped down, ...

A former Boston Saks Fifth Avenue wardrobe stylist who was busted after allegedly stealing more than $400,000 is suing Saks ...