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

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

Packing both style and functionality into an eye-catching design, the Calvin Klein Textured Top Handle Bag is the perfect ...

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

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

The storied site on Main Street will shutter effective March 31, according to a statement from Saks Global, the new owner of ...

Neiman Marcus shuttered its gigantic three-floor office in Dallas as a cost-cutting measure by owner Saks Global. The ...

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 ...

Saks Global closed the Dallas corporate headquarters of Neiman Marcus Friday in a cost-saving move. NexPoint, said in an ...

The news, which comes as the luxury retailer faces financial and market challenges, follows its $2.7 billion acquisition of ...

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.