Saks Global Files for Bankruptcy, Undone by Debt and a Luxury Slump
- Posted on January 14, 2026
- By The Wall Street Journal
- 3 Views
Saks Global Files for Bankruptcy, Undone by Debt and a Luxury Slump
The owner of Saks, Neiman Marcus and Bergdorf Goodman becomes the highest-profile department-store chain to file for chapter 11 since the pandemic.