The group has announced the closure of Neiman Marcus's historic Dallas flagship amidst the merger and mounting bills.

I wrote that a Saks/Neiman Marcus merger seemed inevitable. I didn’t see this as an exciting development, but one largely ...

Saks Fifth Avenue, the leading name in luxury shopping, is partnering with The London West Hollywood at Beverly Hills to ...

Saks Global's challenges grow as it moves to cut costs and hold payments to vendors. Even more challenging, Saks trails in ...

The marriage of Saks Fifth Avenue and Neiman Marcus was supposed to create a luxury powerhouse. Instead the newlywed ...

The owner of Saks Fifth Avenue said it will shut down Neiman Marcus’s century-old flagship store — just two months after ...

The luxury retailer provided some clarity on how and when vendors will get paid for past and future shipments, but questions ...

While the historic Neiman Marcus flagship in downtown Dallas will close, a major investment is being made to pump up the ...

With its repayment plan in motion and a commitment to suppliers, Saks aims to restore trust and stabilize operations amid a ...

Saks Fifth Avenue has been slow to pay for some of its merchandise, resulting in complaints by some vendors and others ...

Saks Fifth Avenue told vendors in a letter Friday that it will take more than a year to pay unpaid bills, a sign of the difficult outlook facing US department stores and the brands they work with.

Saks Global is changing the way it pays vendors as part of a new operating model. CEO Marc Metrick says, “We’re in this with ...