TJX and Nordstrom Rack were already gaining share, and they stand to benefit most as Saks Global abandons off-price retail.

Saks Global, owner of luxury brand Saks Fifth Avenue and discount division Saks Off 5th, is downsizing following its recent bankruptcy filing. Saks Off 5th shared a social media post on Feb. 2, ...

Saks Off 5th, the discount sister brand of luxury department store Saks Fifth Avenue, is planning to close nine stores across the U.S. beginning early next year. The retailer – which operates roughly ...

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Saks Global is closing more Saks Fifth Avenue locations, a Neiman Marcus location, and most of its standalone personal styling suites in 18 states, the company announced this week. The company made ...

NEW YORK — The parent company of Saks Fifth Avenue and Neiman Marcus is closing most of its Saks Off 5th locations to focus on its iconic department stores and raise money to pay off its debts during ...

Years ago, in an unorthodox real estate maneuver, the luxury retailer established the Saks Shops at Greenwich, a group of ...

Saks Fifth Avenue will close soon two of its standalone stores in Greenwich, but keep its main establishment in the town – ...

The Saks Fifth Avenue store in Palm Desert is no longer shutting its doors, roughly two months after its parent company filed for bankruptcy. Saks Global, whose retailers include Neiman Marcus, ...