Saks Global, owner of luxury retail chains Saks 5th Avenue and Neiman Marcus, has announced the closure of most of its discount outlet stores, Saks Off 5th and Last Call. The store closures come weeks ...

Saks Global, owner of luxury brand Saks Fifth Avenue and discount division Saks Off 5th, is downsizing following its recent bankruptcy filing. Saks Off 5th shared a social media post on Feb. 2, ...

The historic Saks department store chain has emerged from Chapter 11 bankruptcy with a much lower level of debt and a smaller store base. The Saks name is owned by Exemplar Luxury Group, which also ...