Saks filed for Chapter 11 bankruptcy after a year of missed payments, vendor pullbacks, and a rescue plan gone awry. Here's ...

Filing for Chapter 7? Avoid the errors that could derail your bankruptcy case or leave you worse off financially.

The increase in bankruptcy filings comes as Americans face a slate of economic pressures, from sticky inflation to elevated ...

The insolvency caps years of mounting pressures for a retailer loved by movie stars and royals, including Gary Cooper and ...

A downturn in the luxury retail industry at the beginning of 2025 has continued and affected major retailers this week.

Saks Global, which took on significant debt when it acquired Neiman Marcus in 2024, filed for Chapter 11 bankruptcy in the ...

As of now, Saks Fifth Avenue (611 5th Avenue) has 70% off designer sale signs around the store. It’s unknown if these sales ...

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

The move comes 13 months after Saks paid $2.7 billion to acquire its competitor. Since then, the chain has struggled with a ...

Debts, inflation, and policy uncertainty left businesses and consumers navigating a tough economic climate last year.

Fifth Third Bank expected to object to the push by unsecured creditors. Kentucky Owl filed for bankruptcy more than a year ...

Beleaguered luxury retailer Saks Global is close to finalizing $1.75 billion in financing with creditors that would allow its ...