The new boss, Geoffroy van Raemdonck, has at least one consolation: Saks Global owns property worth $4.4bn, including the ...

Saks Global, the parent company of luxury retailer Saks Fifth Avenue, filed for bankruptcy protection late Tuesday, according to court documents filed in US Bankruptcy Court in Houston, Texas.

Retail sales increased a better-than-expected 0.6% in November, following a revised 0.1% decline October, according to the ...

Chapter 11 bankruptcy is a form of reorganisation bankruptcy primarily used by corporations and other businesses to ...

Sales at US retailers rose at a solid pace in November, despite jitters about the economy and a slowing labor market.

Jan 14 (Reuters) - Saks Global filed for bankruptcy late on Tuesday, adding to a ‌long ​list of high-profile retail collapses ...

On Wednesday Saks Global, the parent company of Saks Fifth Avenue, Neiman Marcus and Bergdorf Goodman and the largest luxury ...

In 2024, parent company Hudson's Bay bet on scale by merging it with rival Neiman Marcus, creating the entity now known as ...

While analysts cite ​inventory missteps and acquisition-related debt as key factors, they say Saks' plight reflects a deeper ...

A major department store has been put up for sale, almost seven years after it shut down. Beales in Lowestoft closed down ...

Two burglars broke into the Lululemon location in Suburban Square around 2 a.m. Tuesday morning. Two burglars broke into Lululemon at Ardmore ’s Suburban Square shopping center early Tuesday morning, ...

Plymouth’s popular Dingles restaurant will have to close when the city centre’s landmark House of Fraser department store ...