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Financial Market News
You are at:Home»Posts Tagged "Saks"

Amazon says Saks investment is worthless after bankruptcy

By FinMar NewsJanuary 16, 2026

Amazon package and Saks Fifth Avenue bag.Getty ImagesAmazon wants a federal judge to reject Saks Global’s bankruptcy financing plan, writing in court papers the beleaguered department…

Saks acquisition of Neiman Marcus led to bankruptcy

By FinMar NewsJanuary 15, 2026

For more than a decade, the former executive chairman of Saks Global dreamed of adding Neiman Marcus to his collection of legacy department stores, believing the…

Saks Global files for bankruptcy after Neiman Marcus takeover leads to

By FinMar NewsJanuary 14, 2026

High-end department store conglomerate Saks Global filed for bankruptcy protection late on Tuesday, in one of the largest retail collapses since the pandemic. It comes barely a year…

Saks Global files for bankruptcy protection

By FinMar NewsJanuary 14, 2026

Shoppers walk outside the Saks Fifth Avenue flagship store in Manhattan in New York City, U.S., Jan. 6, 2026. Angelina Katsanis | ReutersSaks Global, the parent…

Saks Global announces new CEO Richard Baker amid bankruptcy reports

By FinMar NewsJanuary 3, 2026

A pedestrian passes in front of the Saks Fifth Avenue at Brookfield Place in New York.Allison Joyce | Bloomberg | Getty ImagesSaks Global named a new…

Vornado to Acquire Office Condo Above Saks Fifth Avenue Flagship

By FinMar NewsAugust 26, 2025

Vornado Realty Trust said Monday it had agreed to purchase the 623 Fifth Ave. office condominium, a 36-story, 382,500-square-foot building situated above the flagship Saks Fifth Avenue…

Saks Fifth Avenue parent HBC to acquire Neiman Marcus Group

By FinMar NewsJuly 4, 2024

Saks Fifth Avenue store at the Waterside Shops. John Greim | Lightrocket | Getty ImagesSaks Fifth Avenue parent HBC said on Thursday it will acquire Neiman Marcus…

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Real Estate News

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