After nearly three decades with Saks, I will be stepping down as chief executive officer,” Marc Metrick said in a statement.

The owner of Saks Fifth Avenue and Neiman Marcus is in talks with creditors about financing for a coming chapter 11 filing.

The largest luxury retailer in the world, which also owns Bergdorf Goodman and Saks off 5th, missed a $100 million debt ...

On December 22, Bloomberg reported that Saks was considering a Chapter 11 bankruptcy filing as a last resort amid a debt payment nearing. Some Saks lenders also reportedly held confidential talks to ...

Saks Global Enterprises’ Chief Executive Officer Marc Metrick is stepping down from his role as the cash-strapped high-end retailer considers its restructuring options, including a Chapter 11 ...

An airline has filed for bankruptcy two years after it grounded all flights. According to TheStreet, Greensboro-based Jet It submitted a Chapter 7 bankruptcy filing this week. The filing is different ...

A beloved regional barbecue name has become the latest casualty of rising food costs, with an Ohio-based chain seeking court ...

"Effective December 21, 2025, Artist & Craftsman Supply (A&C) voluntarily initiated a Chapter 11 bankruptcy process in order ...

Rad Power is considered the pioneer of e-bike popularity since its formal launch in 2015. In October 2021 it announced a ...

A new study suggests that distressed borrowers using a simpler bankruptcy process are succeeding — and that more people like ...

Nonprofits across the country were left in the lurch, unable to access the donor cash that funds their work in education, ...

Nonprofit fundraising platform Flipcause Inc. filed bankruptcy weeks after California’s attorney general ordered the company to cease operations following reported delays in transferring donations to ...