The retailer has brought both financial and legal advisers on board and is said to be ready to make its $120 million June ...

The CreditWatch with negative implications reflects S&P Global Ratings’ view of at least a 50% likelihood that they could lower their ratings by up to two notches over the next few weeks to several ...

Saks Global executive chair Richard Baker has said that in five years time, shopping luxury on Amazon will become "the most ...

Saks Global is collaborating with consultants on liquidity strategies. Despite solid funds, options such as property sales ...

Saks, the US department store chain, is planning to launch a storefront on Amazon's UK website as it looks to expand its ...

Saks Global Enterprises has hired PJT Partners, Kirkland & Ellis and Bank of America Corp. to help the retailer explore ways ...

Instead of only a few players, there’s a kaleidoscope of interests all coming together, looking to merge Saks and Neiman ...

Saks Fifth Avenue joins a string of legacy stores, including Macy's, Bloomingdale's, Old Navy and Nordstrom, in an exodus ...

Hudson’s Bay will choose a buyer by mid-June as an Ontario court extends creditor protection to July 31. Liquidation sales are surpassing expectations.

Company to decide on buyer or buyers for assets, store leases by mid-June, with stores to be vacated by the end of that month ...

DALLAS — Neiman Marcus' parent company, Saks Global, confirms some of its North Texas restaurant employees were overpaid in tips because of an error in the tipping ...

An Ontario court has extended Hudson’s Bay’s reprieve from the hundreds of businesses it owes money until the end of July.