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Tag: bankruptcy

Factbox-Biggest US retail collapses in recent years as Saks Global files for bankruptcy
Stock Market

Factbox-Biggest US retail collapses in recent years as Saks Global files for bankruptcy

Jan 14 (Reuters) – Saks Global filed for bankruptcy late on Tuesday, adding to a long list of high-profile retail…

nileshsha@hotmail.comJanuary 15, 2026
Saks Global files for bankruptcy. Here’s how luxury retail went out of style
Stock Market

Saks Global files for bankruptcy. Here’s how luxury retail went out of style

The Chapter 11 filing announced on Wednesday for the iconic, century-plus-old retailer — which oversees Saks Fifth Avenue, Neiman Marcus,…

nileshsha@hotmail.comJanuary 14, 2026
Saks Global files for bankruptcy protection
Stock Market

Saks Global files for bankruptcy protection

Shoppers walk outside the Saks Fifth Avenue flagship store in Manhattan in New York City, U.S., Jan. 6, 2026. Angelina…

nileshsha@hotmail.comJanuary 14, 2026
Luxury Retailer Saks Files Bankruptcy After Turnaround Bet Fails
Global Economy

Luxury Retailer Saks Files Bankruptcy After Turnaround Bet Fails

Saks Global Enterprises filed for bankruptcy to address mounting losses and a substantial debt load that has weighed down the…

nileshsha@hotmail.comJanuary 14, 2026
Saks Global struggles to line up bankruptcy financing
Stock Market

Saks Global struggles to line up bankruptcy financing

Pedestrians walk past a Saks Fifth Avenue store in Chicago, Dec. 30, 2025. Scott Olson | Getty Images Beleaguered retail…

nileshsha@hotmail.comJanuary 9, 2026
Saks’ Burned Bondholders Fight Over Funding Any Bankruptcy Loan
Global Economy

Saks’ Burned Bondholders Fight Over Funding Any Bankruptcy Loan

Lenders to Saks Global Enterprises are grappling with a pressing question as it hurtles toward bankruptcy: How much — if…

nileshsha@hotmail.comJanuary 7, 2026
Luminar claims founder Austin Russell is dodging a subpoena in the bankruptcy case
Entrepreneurship & Startups

Luminar claims founder Austin Russell is dodging a subpoena in the bankruptcy case

Lidar-maker Luminar says its founder and former CEO Austin Russell has been evading requests for information — including a subpoena…

nileshsha@hotmail.comJanuary 5, 2026
Barclay brothers hit with HSBC bankruptcy petition
Stock Market

Barclay brothers hit with HSBC bankruptcy petition

HSBC filed a bankruptcy petition against Aidan (right) and Howard Barclay shortly before Christmas – PA Images/Alamy Stock Photo The…

nileshsha@hotmail.comJanuary 4, 2026
Key US pharmacy follows Rite Aid into Chapter 11 bankruptcy
Stock Market

Key US pharmacy follows Rite Aid into Chapter 11 bankruptcy

In 2025, Rite Aid closed all its locations as part of a greater trend of pharmacy closures. “About a third…

nileshsha@hotmail.comJanuary 3, 2026
Saks Global announces new CEO Richard Baker amid bankruptcy reports
Stock Market

Saks Global announces new CEO Richard Baker amid bankruptcy reports

A pedestrian passes in front of the Saks Fifth Avenue at Brookfield Place in New York. Allison Joyce | Bloomberg…

nileshsha@hotmail.comJanuary 3, 2026

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