Armed with $500M in Financing, Saks Global Anticipates Bankruptcy Exit by Summer
Saks Global has secured $500 million in exit financing from an ad hoc group of its senior secured…
News April 3
Latest In: saks fifth avenue
15 More Saks Fifth Avenue and Neiman Marcus Stores to Close
Saks Global will close an additional 15 stores as it seeks to right-size itself following its 2025 bankruptcy,…
News March 9
Saks Global Names New CEO as Bankruptcy Rumors Continue to Swirl
Saks Global has named Executive Chairman Richard Baker as its new CEO, replacing long-time leader Marc Metrick, who…
News January 2
Sponsored
The Store Manager Bottleneck: Why Execution Is Retail’s Hidden Margin Killer
In today’s retail environment, store managers are no longer “just” operators. They are culture carriers, translators of strategy, problem solvers, and the primary architects of the customer experience. Every corporate…
June 1
Saks Global Drives 7% Increase in Per-Visitor Revenue with Homepage Personalization
Saks Global has created a unique, personalized homepage that is dynamically assembled based on each visitor’s purchase intent,…
News August 15
Saks Fifth Avenue Launches AI-Powered Conversational Customer Experiences
Saks Fifth Avenue has partnered with the NLX AI platform and Amazon Web Services (AWS) to offer voice-first,…
News August 8
S&P Global Downgrades Saks’ Credit Rating, Calls $600 Million Financing Deal ‘Tantamount to a Default’
In light of a proposed debt restructuring announced earlier this month by Saks Global, S&P Global Ratings has…
News July 10
Saks Global Gets $600 Million in Financing from Current Bondholders
Saks Global, parent company of Saks Fifth Avenue, Neiman Marcus and Bergdorf Goodman, has secured $600 million in…
News July 1
J.Jill Names Retail Veteran to Top Merchandising Role
J.Jill has named Courtney O’Connor as its SVP and Chief Merchandising Officer, effective June 30, 2025. O’Connor will…
News June 26
Saks Global Expands Assortment Planning Solution to Neiman Marcus and Bergdorf Goodman
Saks Global has expanded its partnership with NuORDER by Lightspeed, a B2B assortment planning platform, adding Neiman Marcus…
News June 24Top Stories
Latest Podcasts
Latest Resources
