A luxury retailer at Sarasota’s UTC mall plans to close in May after the company filed for bankruptcy earlier this year.

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.

Closures include Saks Fifth Avenue stores in eight states, a Neiman Marcus store in Boston, and 14 standalone Fifth Avenue ...

This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more. CHICAGO, ILLINOIS - DECEMBER 30: Shoppers leave a Saks Fifth Avenue store on December 30, ...

Saks Global CEO Geoffroy van Raemdonck joins CNBC's 'Money Movers' to discuss the retail giant's plan to close multiple stores amid bankruptcy, his role in restructuring the company, and more. Got a ...

With the DIP financing locked in, the retailer expects to pay $330 million to vendors over the next two weeks.

Saks Fifth Avenue at Plaza Frontenac will close and all employees will be let go between May 6 and May 31, according to the ...

Forbes contributors publish independent expert analyses and insights. I advise founders & CMOs on visibility and how to tell a better story. This voice experience is generated by AI. Learn more. This ...

The 2024 merger of Saks Fifth Avenue and Neiman Marcus Group was meant to provide scale and synergies by combining the forces of America’s three biggest luxury department store names. In a court ...

The parent of Saks Fifth Avenue and Neiman Marcus plans to close nine department stores as part of an initial review in the luxury retailer’s chapter 11 restructuring proceedings. Eight Saks Fifth ...

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In the wake of a January Chapter 11 bankruptcy filing from Saks Global, owner of Saks Fifth Avenue and Neiman Marcus, the luxury retailer has begun to close a number of stores across its portfolio of ...