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Chapter 11 bankruptcy

Shoppers walk outside the Saks Fifth Avenue flagship store in Manhattan in New York City, U.S., January 6, 2026. REUTERS/Angelina Katsanis
Mar 16, 2026

Saks Global secures $300M bankruptcy funding, bondholders back five-year plan

Saks Global accessed $300 million of its $1.75 billion bankruptcy financing and gained bondholder support for a five-year business plan to stabilize operations.

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