Latest In: Saks Global

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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
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Judge Approves $1 Billion Bankruptcy Loan after Saks Global Addresses Vendors’ Concerns

[Update as of Feb. 23, 2026] U.S. Bankruptcy Judge Alfredo Perez has approved $1 billion in new funding…

News February 23
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Closing sales begin at Saks Off 5th and Last Call

UPDATE: Saks Off 5th, Last Call Stores Arrive on the Auction Block as Saks Global Shifts Focus to Full-Price

[Update as of Feb. 6, 2026] Leases for 59 Saks Off 5th and Last Call locations are hitting…

News February 6
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Amazon, Chanel and Brookfield are among the companies on the Saks creditor committee.

Amazon, Chanel, Brookfield Join Saks Global Bankruptcy Committee

Amazon, Chanel, LVMH and Brookfield Properties Retail are among the companies included in a 10-member creditor committee that…

News January 29
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Former Neiman Marcus CEO will take over the now bankrupt Saks Global.

Amazon Takes Issue with Saks Global Bankruptcy

[Update as of January 15, 2026] A judge has approved Saks Global‘s request for $400 million in rescue…

News January 15
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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
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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
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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
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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
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