It’s hard to imagine New York City without the glittering windows of Saks Fifth Avenue, but the unthinkable is now very much ...

Saks Global, who owns luxury department stores including Saks Fifth Avenue, Saks OFF 5th, Bergdorf Goodman and Neiman Marcus, ...

Saks Global is considering restructuring after being weighed down by debt from its $2.7B deal to acquire Neiman Marcus in ...

With just a week left in 2025, the string of small and mid-sized airlines having to file for bankruptcy is not yet over.

Fast-food and casual restaurant chains, facing unsustainable debt obligations, have needed to file for Chapter 11 bankruptcy protection in the last year to reorganize their businesses. In some cases, ...

(Reuters) - U.S. oilfield services provider McDermott International Inc said on Tuesday it would file for prepackaged bankruptcy protection under Chapter 11, as it looks to cut debt that ballooned ...