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Buckling under the weight of financial pressures, Saks Global filed for bankruptcy late Tuesday, naming a previous CEO of Neiman Marcus to lead the company. The New York company filed for Chapter 11 ...

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Saks Global is preparing to file for Chapter 11 bankruptcy in the coming days after the luxury retail giant failed to pay a more than $100M interest bill Tuesday. The New York-based company missed the ...

Saks Global, parent of high-end department store chain Saks Fifth Avenue, is weighing Chapter 11 bankruptcy as a last resort, Bloomberg News reported on Monday, citing people familiar with the matter.

Saks Global Enterprises, facing limited options ahead of a more than $100 million debt payment due at the end of this month, is considering Chapter 11 bankruptcy as a last resort, according to people ...

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