The increase in bankruptcy filings comes as Americans face a slate of economic pressures, from sticky inflation to elevated ...

A downturn in the luxury retail industry at the beginning of 2025 has continued and affected major retailers this week.

The number of Americans filing for bankruptcy has been on the rise for years now. Some would argue that rising prices and an ...

Beleaguered luxury retailer Saks Global is close to finalizing $1.75 billion in financing with creditors that would allow its ...

Saks Global, which took on significant debt when it acquired Neiman Marcus in 2024, filed for Chapter 11 bankruptcy in the ...

The move comes 13 months after Saks paid $2.7 billion to acquire its competitor. Since then, the chain has struggled with a ...

Several well-known restaurant and sports bar chains are navigating debt challenges, with all at risk of Chapter 11 bankruptcy ...

While we are still less than one month into 2026, several travel companies in different parts of the world have already had ...

Saks Fifth Avenue shopping sprees aren’t over just yet. The Chapter 11 bankruptcy of Saks Global, the parent company of Saks ...

A downturn in the luxury retail industry at the beginning of 2025 has continued and affected major retailers this week.

The end of one-stop luxury? How a $2.65 billion deal turns into debt, forcing a reckoning for brands and buyers alike.