Saks Fifth Avenue, Neiman Marcus closing several stores
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The closure is part of a "strategic retreat" during the company's voluntary Chapter 11 bankruptcy process, following an earlier wave of 62 closures.
Saks Global is closing 15 more stores, primarily Saks Fifth Avenue while Neiman Marcus largely remains, as part of major ...
Saks Global, which recently filed for bankruptcy, is closing most of its Saks Off 5th locations. The closures are part of a strategy to focus on luxury customers and full-price selling.
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