Saks Fifth Avenue New York

Saks Fifth Avenue, Neiman Marcus

Saks Fifth Avenue owner to close Neiman Marcus’ landmarked flagship store

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. The swanky shop — located inside a 111-year-old,

Forbes · 2d

Saks Closes Neiman Marcus Headquarters And Tells Vendors Payments Will Be Late

Saks Global's challenges grow as it moves to cut costs and hold payments to vendors. Even more challenging, Saks trails in foot traffic to luxury department stores.

Yahoo · 2d

Sources: Saks Global Closings Seen in Toronto, Dallas

While the historic Neiman Marcus flagship in downtown Dallas will close, a major investment is being made to pump up the Neiman Marcus store in NorthPark Center, also in Dallas.

17h

Is The Saks/Neiman’s Merger Already In Trouble?

I wrote that a Saks/Neiman Marcus merger seemed inevitable. I didn’t see this as an exciting development, but one largely ...

Saks Lays Out Plan to Pay Unpaid Vendors After Delays

Saks Fifth Avenue told vendors in a letter Friday that it will take more than a year to pay unpaid bills, a sign of the difficult outlook facing US department stores and the brands they work with.

Daily Front Row6d

NYFW’s Top Parties: Saks Fifth Avenue’s Splashy Chelsea Bash, Prada’s Chic Book Club, & More!

From Saks Fifth AVenue's splashy kickoff party to Prada's chic cocktails in Soho, these events led NYFW's Fall 2025 party ...

INSTOREMAG3d

Saks Says Vendor Payments Delayed

Saks Fifth Avenue has been slow to pay for some of its merchandise, resulting in complaints by some vendors and others ...

The 13 Most Glamorous Photos From New York Fashion Week You Must See

New York Fashion Week, which ran from Feb. 6 to 11, saw celebrities like Kerry Washington and Bad Bunny arrive for Thom ...

voguebusiness3d

Saks Global’s new payment terms shake designers: Why it matters

Saks Global is changing the way it pays vendors as part of a new operating model. CEO Marc Metrick says, “We’re in this with ...

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