Saks Global, century-old high-end department store chain, files for bankruptcy

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

Jan 14, 2026 0

Saks Global, century-old high-end department store chain, files for bankruptcy

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

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