Business

Saks Files for Bankruptcy as Department Stores Fight for Survival

The parent company of Saks, Neiman Marcus and Bergdorf Goodman struggled with debt, designers and customers in recent years.

Kartavya NewsKartavya News
Jan 14, 2026 - 12:30
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Saks Files for Bankruptcy as Department Stores Fight for Survival
The parent company of Saks, Neiman Marcus and Bergdorf Goodman struggled with debt, designers and customers in recent years.
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