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 Enterprises is closing 12 Saks Fifth Avenue stores, including locations at Beachwood Place and at Polaris Fashion Place in Lewis Center near Columbus, as part of what the ...

Saks Global Enterprises is closing 12 Saks Fifth Avenue stores, including locations at Beachwood Place and at Polaris Fashion ...

Saks Fifth Avenue is preparing to close its iconic store on the Magnificent Mile in downtown Chicago. The closure is part of ...

Saks Global to close most of its Saks Off 5th stores as it restructures during Chapter 11 bankruptcy. Chicago's Neiman Marcus ...

The parent company of Saks Fifth Avenue and Neiman Marcus will close 24 locations this spring. Here's the list. (AP photo) ...

Inside Saks Fifth Avenue, extended terms, chargebacks, and imitation buying strategies told vendors creativity was expendable.

Saks Off 5th is a discount division of the Saks Global, owner of luxury brand Saks Fifth Avenue, which sells off-price luxury fashion. Saks Off 5th sells luxury off-priced fashion, and it's downsizing ...