However, hours later, Neiman owner Saks Global said its plans to close the store at the end of March have not changed. “Given our role in the Dallas community, we are working to schedule a ...

Saks Global has eliminated an unspecified number of roles following its $2.7 billion acquisition of Saks Fifth Avenue rival Neiman Marcus, a company spokesperson confirmed by email Tuesday. “We ...

Saks Global, after its acquisition of Neiman Marcus Group, is trimming the workforce. The luxury department store company is nixing some positions, according to a Saks Global statement. No details ...

Saks Global is laying off around 5% of its US corporate workforce, according to a person familiar with the plan, as the department store integrates its recent acquisition Neiman Marcus. The ...

Pam Danziger reports on retail, focused on the luxury consumer market. Saks has decided to close Neiman Marcus’ Dallas headquarters office in a cost-saving move, the Dallas Morning News reported.

A Valentine’s Day memo to Saks Global vendors from CEO Marc Metrick is doing little to alleviate concerns about unpaid invoices and instead is raising questions about the newly formed entity’s ...

Salma Hayek’s captivating performance in the 1997 romantic comedy Fools Rush In is once again in the spotlight, thanks to a viral GIF posted by Cinesthetic’s X (formerly Twitter) account.

Following months of unease, luxury retailer Saks Fifth Avenue is in hot water yet again. It was recently reported that Saks owed many of its brands upwards of hundreds of thousands of dollars.

Steve Dennis is a top retail influencer, strategic advisor and author. Nearly five years ago I wrote that a Saks/Neiman Marcus merger seemed inevitable. I didn’t see this as an exciting ...

Saks Global says it is closing two U.S. offices as it consolidates its corporate footprint after a merger of several luxury brands. Saks Global spokesperson Nicole Schoenberg says the offices are ...

The owner of Saks Fifth Avenue said it will shut down Neiman Marcus’s century-old flagship store — just two months after acquiring its longtime luxury rival in a blockbuster merger.

Neiman Marcus shuttered its gigantic three-floor office in Dallas as a cost-cutting measure by owner Saks Global. The Dallas-based luxury department store chain has been a mainstay in the area ...