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

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

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

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

The Feb. 14 memo promised suppliers that new orders would be paid within 80 days of receipt while outstanding ... Bergdorf Goodman, Saks Fifth Avenue, and Saks Off 5th under the Saks Global ...

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

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 ...

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 ...

Hudson’s Bay purchased Neiman Marcus and its Bergdorf Goodman banner last year, combining them with Saks Fifth Avenue and Saks Off 5th in a new entity called Saks Global.

After the shocking news that Neiman Marcus’s parent company will close the flagship Downtown Dallas store, people online are ...

Saks Global says it is closing two U.S. offices as it consolidates its corporate footprint after a merger of several luxury brands. Saks Global spokesperson Nicole Schoenberg says the offices are ...