Meanwhile, Dallas civic leaders have united to urge Saks Global to resolve a land lease issue the retailer says is forcing ...

Saks Global, after its acquisition of Neiman Marcus Group, is trimming the workforce. The luxury department store company is ...

Saks Global is laying off around 5% of its US corporate workforce, according to a person familiar with the plan, as the ...

The luxury retailer provided some clarity on how and when vendors will get paid for past and future shipments, but questions ...

AI features are gaining popularity in fashion e-commerce, with 66% of respondents using tools such as size recommendations.

The retail giant — which also owns Saks Fifth Avenue, Bergdorf Goodman and Saks OFF 5TH — will lay off employees from finance, legal and operations, human resources and technology departments, ...

Investing.com -- Saks Global plans to lay off approximately 5% of its US corporate workforce, according to Bloomberg News. This decision comes as the department store progresses with the integration ...

It seems luxury consumers are retaining some level of calmness and optimism despite a drop in confidence elsewhere. According ...

Revenue targets depend on mending relationships with suppliers, analysts say. A memo from CEO Marc Metrick may have made things worse.

Saks Global is changing the way it pays vendors as part of a new operating model. CEO Marc Metrick says, “We’re in this with ...

Saks Global's challenges grow as it moves to cut costs and hold payments to vendors. Even more challenging, Saks trails in ...