Meanwhile, Dallas civic leaders have united to urge Saks Global to resolve a land lease issue the retailer says is forcing ...

Saks Global announced at the end of last year that it had completed the acquisition of Neiman Marcus in a deal valued at ...

Saks Global is laying off around 5% of its US corporate workforce, according to a person familiar with the plan, as the ...

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

The retail giant — which also owns Saks Fifth Avenue, Bergdorf Goodman and Saks OFF 5TH — will lay off employees from finance, legal and operations, human resources and technology departments, ...

AI features are gaining popularity in fashion e-commerce, with 66% of respondents using tools such as size recommendations.

The company in July also downsized operations in anticipation of the $2.7 billion acquisition, which closed at the end of ...

Revenue targets depend on mending relationships with suppliers, analysts say. A memo from CEO Marc Metrick may have made things worse.

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 ...

It seems luxury consumers are retaining some level of calmness and optimism despite a drop in confidence elsewhere. According ...

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