Saks Global, the parent company of Saks Fifth Avenue and Neiman Marcus, has just announced it will close 15 department stores by May 2026 as part of its Chapter 11 bankruptcy restructuring. The ...
I come by my love of department stores honestly. Growing up, my mom and I would stop at Barney's after doctor's appointments and peruse through Bloomingdale's on the way to the 6 train in its basement ...
FILE - Holiday decorations are displayed during Saks Fifth Avenue's holiday light show and window reveal, Nov. 24, 2025, in New York. (Photo by Evan Agostini/Invision/AP, File) (Evan Agostini, 2025 ...
NEW YORK (AP) — The parent company of Saks Fifth Avenue and Neiman Marcus is closing more department stores as it focuses on its most profitable businesses and trims debt during its Chapter 11 ...
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