Saks Global, the parent company of Saks Fifth Avenue and Neiman Marcus, has just announced it will close 15 department stores ...

Saks Global said Friday it was closing 15 more stores as the luxury retailer, which filed for bankruptcy earlier this year, tries to cut losses and focus on more profitable, higher-end locations. The ...

The parent company of Saks Fifth Avenue and Neiman Marcus will close more department stores as part of its bankruptcy ...

BEACHWOOD, Ohio — The Saks Fifth Avenue store at Beachwood Place is among 15 luxury department stores slated to close as ...

One of the most popular signs of the holidays in New York City is no more. Saks will not put on its typical light show on the building's Fifth Avenue façade this holiday season, the company confirmed ...

The closure is part of a "strategic retreat" during the company's voluntary Chapter 11 bankruptcy process, following an earlier wave of 62 closures.

NEW YORK CITY -- Saks Fifth Avenue says the flagship store in New York City will not be hosting its annual holiday light show this year. According to a statement, a spokesperson said the light show ...

The parent company of Saks Fifth Avenue and Neiman Marcus will close 24 locations this spring. Here's the list. (AP photo) ...