Saks Fifth Avenue isn’t just a store. It’s a statement. And for Beachwood Place, the upcoming closure of its original luxury anchor isn’t just a vacancy problem — it’s an identity crisis. Today in ...

The blow to Beachwood Place came earlier this month, when Saks Fifth Avenue — a fixture since the mall’s 1978 opening — ...

Saks Global — owner of luxury stores including Saks Fifth Avenue and Neiman Marcus — is cutting over 1,200 jobs as it ...

An ad hoc group of senior secured bondholders has approved the luxury retailer’s five-year plan, aiming for double-digit ...

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 ...

The luxury retailer paid out $1.4 billion to creditors in the three months before succumbing to Chapter 11 in January.

Luxury retailer Saks Global has filed for bankruptcy, preparing to reposition itself in the increasingly competitive upscale market after obtaining about $1.75 billion in financing commitments. The ...

The Saks Fifth Avenue store in Bala Cynwyd, just outside of Philadelphia, is closing. The store is located at 2 Bala Plaza. Saks Global announced Tuesday that the store is among eight Saks Fifth ...

Saks Fifth Avenue is the anchor store at the high-end Waterside Shops. It was spared in second round of store closings.

The station also reported that purchases made during the closing sale will be final and cannot be returned. The WARN notice ...

The luxury retailer has gained access to the funds, which are part of a $1.75bn commitment to turn the business around ...