According to multiple sources, at least 20 Saks Fifth Avenue and Neiman Marcus locations have been identified for closure.

Saks creditors have demanded certain milestones be put in place as part of any financing, the people said. One iteration of a ...

Easy money tempted the retailer to get bigger. That isn’t working out.

The closure comes as the luxury department store chain and its sister company, Neiman Marcus, face an uncertain future and a ...

American Express cardholders are hurrying to spend store credits and gift cards at cash-strapped retailer Saks Fifth Avenue.

Savvy shoppers can still bank on Saks’ bankruptcy. Luxury retailer Saks Global is reportedly planning to file for Chapter 11 ...

"While a Chapter 11 seems imminent, there are likely some Hail Marys that could save Saks from filing for bankruptcy," he ...

There are ongoing discussions to potentially stave off a bankruptcy filing, a source with knowledge of the situation told The ...

The company missed an interest payment of over $100 million, leading to expectations of an imminent Chapter 11 filing or ...

The big department stores are disappearing, and with them the joy and wonder of shopping in person.

Luxury retailer Saks reportedly faces potential bankruptcy as parent company weighs Chapter 11 filing amid $100+ million debt ...

A former Boston Saks Fifth Avenue wardrobe stylist who was busted after allegedly stealing more than $400,000 is suing Saks ...