UPS closed its distribution center in Montgomery, Alabama, in February 2026. The company eliminated 128 jobs. Workers ...

Luxury retailer Saks Global has filed for bankruptcy, preparing to reposition itself after obtaining about $1.75 billion in ...

Opinion: Congress and the courts must reform the bankruptcy system to bring it in line with trauma science, basic fairness, ...

Debt-ridden Saks Global files for Chapter 11 bankruptcy protection, barely a year after its takeover of Neiman Marcus. Read ...

The Chapter 11 filing announced on Wednesday for the iconic, century-plus-old retailer — which oversees Saks Fifth Avenue, ...

Macy’s Inc. has a once-in-a-lifetime opportunity to make a win out of Saks’ woes.

The luxury retailer has struggled with slow sales and debt relating to its recent acquisition of rival Neiman Marcus.

The filing comes a year after the company completed a high-profile merger combining Saks Fifth Avenue, Neiman Marcus and ...

Stores will stay open for now as the luxury giant gets $1.75 billion in financing commitment to steer it through bankruptcy.

The parent company of Saks Fifth Avenue, Neiman Marcus, and Bergdorf Goodman has struggled to pay vendors.

On Wednesday Saks Global, the parent company of Saks Fifth Avenue, Neiman Marcus and Bergdorf Goodman and the largest luxury ...

When companies file for bankruptcy, often it isn't because they're not cash flow positive. Bankruptcies can happen simply ...