The closure is part of a "strategic retreat" during the company's voluntary Chapter 11 bankruptcy process, following an earlier wave of 62 closures.
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Saks Global cutting 15 more stores amid bankruptcy shake-up
Saks Global is tightening its belt even further as it works through a massive Chapter 11 bankruptcy. On Friday, the luxury ...
As part of our broader evaluation of our store footprint, we have made the difficult decision to close our Saks Sarasota location,” the company says. The closing is part of a company-wide move to ...
Saks Global is shuttering most off-price stores as it closes the majority of Saks OFF 5TH locations and remaining Last Call stores nationwide. This will leave just 12 OFF 5TH stores open across six ...
The luxury retailer, which owns Saks Fifth Avenue, Neiman Marcus and Bergdorf Goodman department store chains, is nearing the end of its ‘store optimisation’ plans with a fresh wave of store closures ...
The parent company of Saks Fifth Avenue and Neiman Marcus is closing more department stores as it focuses on its most ...
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The dominoes of department stores and boutique shops falling around San Francisco’s Union Square may include another luxury retail store: Saks Fifth Avenue. Canada-based Hudson Bay Company, which owns ...
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