Saks files for bankruptcy as it struggles to pay debts - MSN
In documents submitted to the U.S. Bankruptcy Court for the Southern District of Texas, Saks said it had secured $1.75 billion in financing from its creditors, which will allow it to keep stores ...
Saks files for bankruptcy, leaving future of its stores up in the air
Saks Global, the parent company of Saks Fifth Avenue, Bergdorf Goodman and Neiman Marcus, filed for bankruptcy, leaving the future of the largest luxury department store group in the …
Saks declares bankruptcy a year after its doomed Neiman Marcus …
The iconic luxury retailer has a location at the American Dream mall. Saks' purchase of Neiman Marcus saddled it with $2 billion in debt.
Saks edges toward bankruptcy after skipping a debt payment
Saks Global has moved from quiet concern to open crisis after failing to make a scheduled debt payment, a lapse that has pushed the storied luxury retailer to the edge of a court-supervised ...
'Out of stock': What went wrong at luxury retailer Saks? - MSN
Saks Global, which owns Saks Fifth Avenue and Neiman Marcus, is expected to imminently file for bankruptcy protection, leaving questions about the retailer's future.