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Neiman Marcus, Saks

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.

New York Post on MSN · 3d

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

There’s no way all of us are needed,” one Neiman executive told The Post. “We’re all trying to stay focused on our jobs while facing reality that at some point there will

Hosted on MSN · 4d

Saks closing down Neiman Marcus North Texas headquarters

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 and even received $5.

2d

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 ...

1don MSN

Neiman Marcus owners could be on the hook to repay Dallas if they leave the city

The Dallas City Council in May 2022 approved the luxury retailer getting an economic development grant in exchange for ...

1d

Saks Global’s New Payment Terms Trigger Strong Industry Reaction

The luxury retailer provided some clarity on how and when vendors will get paid for past and future shipments, but questions ...

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