After Saks Bankruptcy, Richard Baker Says He Saved Luxury Department Stores
- Posted on February 23, 2026
- Mergers, Acquisitions And Divestitures
- By The New York Times
- 4 Views
After Saks Bankruptcy, Richard Baker Says He Saved Luxury Department Stores
Richard Baker wanted to create a retail empire when he combined Saks Fifth Avenue and Neiman Marcus. About a year later, it filed for bankruptcy. continue reading...