The parent company of Saks, Neiman Marcus and Bergdorf Goodman struggled with debt, designers and customers in recent years.

It's one of the largest retail collapses since the pandemic, barely a year after a deal intended to create a luxury ...

Saks Global has secured roughly $1.75 billion in financing, the New York company said as filed for Chapter 11 bankruptcy ...

Saks Global, which also owns Neiman Marcus and Bergdorf Goodman, filed for bankruptcy protection after running out of cash.

Department stores once sold necessities. Now, many are struggling to remain in business amid the rise of online shopping.

The venerable retailer is seeking protection from its creditors after its $2.65 billion purchase of Nieman Marcus failed to ...

Chain sought to be the ultimate retailer in the sector but its collapse suggests plenty of shoppers never wanted it at all ...

ATLANTA — The company behind Saks Fifth Avenue and Neiman Marcus announced on Wednesday that it is filing for bankruptcy. The ...

Saks Global has filed for bankruptcy protection as the US luxury retailer grapples with a bloated debt burden, in the latest ...

It’s an end of an era for Neiman Marcus. Nearly 120 years after its opening, the luxury department store’s historic Dallas headquarters is shuttering, Saks Global, the new owner of Neiman Marcus, ...

Birmingham was once Saks' headquarters following a 1998 merger with Knoxville-based department store chain Proffitt's Inc.

The largest luxury department store group has filed for bankruptcy protection, and the news is sending shockwaves through the ...