Last updated: 2026-01-02 23:05:22 ET
There are ongoing discussions to potentially stave off a bankruptcy filing, a source with knowledge of the situation told The Post.
Saks Global’s executive chairman, Richard Baker, is taking over the luxury retailer he created with the 2024 acquisition of Neiman Marcus and Bergdo...
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Saks Global Enterprises, which operates Saks Fifth Avenue and Neiman Marcus, said Friday its CEO Marc Metrick stepped down, effective immediately
Abel, 63, takes the helm of Berkshire Hathaway after a six-decade run by Buffett.
"After nearly three decades with Saks, I will be stepping down as chief executive officer," Marc Metrick said in a statement.
The company was created in July 2024 after Hudson's Bay Company acquired Neiman Marcus.
Oscar Torres, who spent most of his career at Kellstrom Aerospace, takes over the leadership positions Jan. 5. The post OTR names president, CEO first appeared on Pit & Quarry.
Microsoft CEO Satya Nadella is now blogging about AI slop
