Saks is on the brink of bankruptcy after a year of missed payments, vendor pullbacks, and a rescue plan gone awry. Here's how ...
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Saks owner races to raise $1B in financing as CEO steps down, possible bankruptcy looms: sources
There are ongoing discussions to potentially stave off a bankruptcy filing, a source with knowledge of the situation told The ...
After nearly three decades with Saks, I will be stepping down as chief executive officer,” Marc Metrick said in a statement.
The top executive of the private company that owns Saks Fifth Avenue and Neiman Marcus is stepping down as it struggles with ...
The Hudson’s Bay Co. has begun meeting with investors to spin off Saks.com into a public company sometime in the future, WWD has learned. “They want to split Saks.com from the Saks brick-and-mortar ...
Saks.com will test the marketplace format in an effort to accelerate growth and expand “the breadth and depth” of its offerings to customers. “We are making headway in evolving the business model we ...
Saks Global CEO Marc Metrick has stepped down after 30 years with the retailer, the company announced on Friday. Richard ...
The e-commerce business affiliated with Saks Fifth Avenue recently got a cash infusion from longtime financial partners Pathlight Capital and Bank of America, the company confirmed by email. Women’s ...
Saks Global Enterprises, facing limited options ahead of a more than $100 million debt payment due at the end of this month, ...
Saks has joined peers like Nordstrom and Macy’s by launching a retail media network that will enable its brand partners to connect more directly with the Saks customer base through digital advertising ...
(Photo by: Jeff Greenberg/Education Images/Universal Images Group via Getty Images) The reports that Hudson’s Bay Co. is planning to split its online and brick-and-mortar operations into two companies ...
Forbes contributors publish independent expert analyses and insights. Jane Levere is a New York-based freelance writer covering the arts. Saks and Dior are jointly offering a new holiday campaign ...
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