The closure is part of a "strategic retreat" during the company's voluntary Chapter 11 bankruptcy process, following an earlier wave of 62 closures.
Three Neiman Marcus and 12 Saks Fifth Avenue locations will shutter. The luxury company, which is in bankruptcy court, said its fleet is likely now set.
Saks Global is shuttering more stores as it works through its bankruptcy — including some Neiman Marcus locations. Neiman ...
FRONTENAC, Mo. – Designer department store Saks Fifth Avenue will be closing its St. Louis doors this spring. According to officials, Saks & Company LLC, owner of Saks Fifth Avenue, posted a Missouri ...
Saks Fifth Avenue is preparing to close its iconic store on the Magnificent Mile in downtown Chicago.