Bankruptcy is reshaping luxury discount shopping, with widespread closures and liquidation sales underway.

Luxury retail brick-and-mortar stores continue to crumble. Saks 5th Avenue parent company Saks Global announced Thursday that ...

Saks Global is shuttering dozens of its lower-priced store versions as it pushes through a bankruptcy — though one site in ...

Saks Global, the parent company of Saks Fifth Avenue and Neiman Marcus, is closing most of its Saks Off 5th and Neiman Marcus ...

Saks Global announced it will be closing most of the Saks OFF 5th and all of the Neiman Marcus’ off-brand stores, Last Call, ...

For nearly a decade, Neiman Marcus was an anchor store for luxury shopping in Walnut Creek’s already ritzy downtown area. For ...

Saks Global, the parent company of Saks Fifth Avenue and Neiman Marcus, is closing most of its Saks Off 5th and Neiman Marcus Last Call locations, including several here in Florida. The company said ...

An appeal for bankruptcy protection filing of the operator of Saks Fifth Avenue, Bergdorf Goodman and Neiman Marcus has left ...

This story was originally published on Retail Dive. To receive daily news and insights, subscribe to our free daily Retail Dive newsletter. Saks Global has sold a Neiman Marcus store that anchors the ...

Russ Patrick left the luxury retailer a few years ago and returns to the department store sector as general merchandise ...