Saks Global headed toward bankruptcy after missing debt payment: report
The largest luxury retailer in the world, which also owns Bergdorf Goodman and Saks off 5th, missed a $100 million debt payment to its bondholders on ...
Last updated: 2026-01-02 08:59:27 ET
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The largest luxury retailer in the world, which also owns Bergdorf Goodman and Saks off 5th, missed a $100 million debt payment to its bondholders on ...
More than 8,000 stores closed across the U.S. this year, according to retail industry data, including these well-known brands.
Most major retailers and grocery stores will be open on New Year's Eve, although some will have reduced hours.
Retailers say appetite for alcoholic drinks that are about half the strength of the traditional versions is soaringChristmas and New Year’s Eve cele...
“The recent CEO change announcement was the third total failure of board oversight with no clear succession plan in place,” said Lululemon founder...
More than 70% of retailers are charging for at least one type of gift return this year, according to the National Retail Federation. Jo Ling Kent has tips for maximizing this year's gift returns.
Online retailer Coupang's founder Kim Bom pledged to unveil a compensation plan as soon as possible.
The National Retail Federation estimates that 17% of holiday purchases will be sent back. Andres Gutierrez reports on what happens to unwanted gifts a...
Several major retailers are now charging customers to return items even if they are unopened and in perfect condition.
Only five Sears stores remain in the country, with the end likely near for what was once the mightiest American retailer.