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Saks, Neiman Marcus

Saks Closes Neiman Marcus Headquarters And Tells Vendors Payments Will Be Late

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

New York Post on MSN · 2d

Saks Fifth Avenue owner to close Neiman Marcus’ landmarked flagship store

There’s no way all of us are needed,” one Neiman executive told The Post. “We’re all trying to stay focused on our jobs while facing reality that at some point there will

Chron on MSN · 2d

Saks closing down Neiman Marcus North Texas headquarters

Neiman Marcus shuttered its gigantic three-floor office in Dallas as a cost-cutting measure by owner Saks Global. The Dallas-based luxury department store chain has been a mainstay in the area and even received $5.

5don MSN

Saks Warns Suppliers They Will Have to Wait for Payments

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

Saks Warns Suppliers Of Payment Delays Amid Luxury Retail Challenges

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

INSTOREMAG2d

Saks Says Vendor Payments Delayed

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

Sixers Wire16d

Countdown begins for Saks' last few weeks in Palm Beach. What's next?

Saks Fifth Avenue plans to close its Palm Beach store on Worth Avenue on April 19, ending nearly a century of doing business in Palm Beach. The decision marks a remarkable shift in the fortunes of ...

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