The parent company of luxury retailer Saks Fifth Avenue, filed for Chapter 11 bankruptcy protection late Tuesday ...

The luxury retailer, saddled with debt and facing headwinds, says it’s evaluating its physical store footprint as it goes ...

Saks files for bankruptcy, leaving the future of its stores up in the air - ‘This is a defining moment for Saks Global,’ the ...

The Supreme Court will not hear Hertz's challenge of a lower court decision, putting it on the hook for millions in interest ...

Nationwide liquidation underway at a mall-based women’s retailer, surprising shoppers as all stores prepare to close.

It was a bleak 2025 for the trucking industry, with numerous bankruptcies, rising costs, and uncertain futures for many major players. “The trucking industry is facing the most challenging freight ...

Saks Fifth Avenue filed for bankruptcy even though the global market for luxury retail is recovering.

Construction delays on the luxury Mandarin Oriental hotel and condo towers are blamed on the COVID-19 pandemic and a past partnership lawsuit. Several pre-construction condo buyers have sued the ...

By Nicholas P. Brown and Juveria Tabassum NEW YORK, Jan 14 (Reuters) - Richard Baker, who stepped down as CEO of bankrupt ...

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