Southern California’s luxury shopping landscape is shrinking as three high-end department store locations prepare to shut their doors.

Saks Global, the parent company of Saks Fifth Avenue and Neiman Marcus, has just announced it will close 15 department stores by May 2026 as part of its Chapter 11 bankruptcy restructuring.The ...

Ailing US luxury department store group Saks Global has announced the closure of a further 15 stores as it attempts to reverse its fortunes following January's bankruptcy filing.

Latest step in bankruptcy plan dooms additional 12 Saks Fifth Avenue and 3 Neiman Marcus locations nationwide ...

A smaller footprint will enable the retailer to focus more on luxury shoppers, the CEO said.

The major construction phase of Rolex’s new headquarters building on New York City’s 5th avenue is largely complete, with the ...

More than 380 brands have resumed shipments to Saks Global stores, with inventory flow improving each week since mid-January, ...

Louis Vuitton has closed its store within the Saks Fifth Avenue location at Birmingham’s The Summit. The Alabama Department of Commerce’s WARN list states the closure began Feb. 17, affecting 10 ...

Luxury real estate isn’t just about mansions and penthouses, as in some cases, the location itself is enough to establish luxury. There are certain streets around the world that have become symbols of ...

Inside Saks Fifth Avenue, extended terms, chargebacks, and imitation buying strategies told vendors creativity was expendable.

TERMINATING HIS EMPLOYMENT WITH THE THIBODAUX POLICE DEPARTMENT. NEW AT FOUR, NOW SAKS FIFTH AVENUE AT THE SHOPS AT CANAL PLACE WILL CLOSE THIS SPRING. A SPOKESPERSON CONFIRMED THE NEW ORLEANS STORE ...

Saks Fifth Avenue, the luxury department store that has anchored Canal Place since the mid-1980s, will close in the coming months as its bankrupt parent company downsizes its footprint. Saks Global, ...