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 ...

The luxury retail company continues to close locations across its portfolio. Liquidation sales are expected to begin this month and conclude before May. In the wake of a January Chapter 11 bankruptcy ...

NEW YORK -- The parent company of Saks Fifth Avenue and Neiman Marcus is closing most of its Saks Off 5th locations to focus on its iconic department stores and raise money to pay off its debts during ...

The death of the luxury department store has been greatly exaggerated; it’s the death of the disconnected retailer Saks Global became we’re witnessing.

Since filing for Chapter 11 bankruptcy protection in early January, Saks Global has announced multiple rounds of closings.

As part of parent company Saks Global’s ongoing bankruptcy reorganization, two Maryland Saks Off 5th luxury outlet stores are slated to close later this spring. Just 12 of the brand’s 70 locations ...