Saks Global files for bankruptcy after Neiman Marcus takeover leads to financial collapse

Saks Global was close to finalizing a $1.75 billion financing package with creditors that would allow its stores to remain open, two people familiar with the negotiations told Reuters earlier on Tuesday.

  Business   Jan 14, 2026   0   0  Add to Reading List
Saks Global files for bankruptcy after Neiman Marcus takeover leads to financial collapse
Saks Global was close to finalizing a $1.75 billion financing package with creditors that would allow its stores to remain open, two people familiar with the negotiations told Reuters earlier on Tuesday.
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