The company, which recently filed for bankruptcy, explained that by closing the stores that are not performing well, it can focus on the most profitable, luxury locations.
Saks Global, the parent company of Saks Fifth Avenue and Neiman Marcus, has just announced it will close 15 department stores by May 2026 as part of its Chapter 11 bankruptcy restructuring.The ...
Neiman Marcus at The Westchester in White Plains is closing in May as part of Saks Global LLC's bankruptcy restructuring.
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