The closure is part of a "strategic retreat" during the company's voluntary Chapter 11 bankruptcy process, following an earlier wave of 62 closures.

Saks Global will close 15 more stores as the luxury retailer moves to cut losses and focus on more profitable locations after filing for bankruptcy earlier this year. The company said 12 Saks Fifth ...

Saks Global is tightening its belt even further as it works through a massive Chapter 11 bankruptcy. On Friday, the luxury giant announced it will pull the plug on 15 […] ...

As part of our broader evaluation of our store footprint, we have made the difficult decision to close our Saks Sarasota location,” the company says. The closing is part of a company-wide move to ...

Saks Global is shuttering most off-price stores as it closes the majority of Saks OFF 5TH locations and remaining Last Call stores nationwide. This will leave just 12 OFF 5TH stores open across six ...

Neiman Marcus at The Westchester in White Plains is closing in May as part of Saks Global LLC's bankruptcy restructuring.

The luxury retailer, which owns Saks Fifth Avenue, Neiman Marcus and Bergdorf Goodman department store chains, is nearing the end of its ‘store optimisation’ plans with a fresh wave of store closures ...

NEW YORK -- The parent company of Saks Fifth Avenue and Neiman Marcus is closing most of its Saks Off 5th locations to focus on its iconic department stores and raise money to pay off its debts during ...

Saks Fifth Avenue shopping sprees aren’t over just yet. The Chapter 11 bankruptcy of Saks Global, the parent company of Saks Fifth Avenue, sent shockwaves across the luxury retail world this week. The ...

Saks Off 5th is getting deep-sixed. The discount chain is closing 57 stores — the vast majority of its locations — in the coming weeks as part of Saks Global’s recent bankruptcy filing, the company ...