Saks Global Faces Bondholder Concerns Amid Retail Challenges
Bondholders can be a tough crowd — just ask Saks Global. Equity investors are more excitable and want nothing but growth. But since bondholders have actually loaned a business money,…
Saks Global Cuts 550 Jobs Amid Neiman Marcus Consolidation Efforts
Updated April 22 2:18 P.M. ET Saks Global — which operates both Saks Fifth Avenue and Neiman Marcus — is laying off hundreds of workers this week as part of…