Legal troubles and financial strain push a prominent food brand into Chapter 11 as it works to reorganize and stabilize ...

Saks is struggling with declining sales, lost customer trust, vendors holding shipments, executive exodus and liquidity ...

Marc Metrick is a longtime Saks executive who had helmed the Saks Fifth Avenue and Neiman Marcus parent since 2024.

The owner of Saks Fifth Avenue and Neiman Marcus is in talks with creditors about financing for a coming chapter 11 filing.

Jet It grounded its fleet in 2023 leaving its fractional owners scrambling. The day before Christmas the story ended with a ...

Of course it’s risky,” Damola Adamolekun told Fortune’s Ruth Umoh. “I took over a company that’s bankrupt and had a lot of ...

Luxury retailer Saks reportedly faces potential bankruptcy as parent company weighs Chapter 11 filing amid $100+ million debt ...

The largest luxury retailer in the world, which also owns Bergdorf Goodman and Saks off 5th, missed a $100 million debt ...

On December 21, 2025, Artstock—doing business as Artist & Craftsman Supply, which stocks products for painting, drawing, ...

After nearly three decades with Saks, I will be stepping down as chief executive officer,” Marc Metrick said in a statement.

An airline has filed for bankruptcy two years after it grounded all flights. According to TheStreet, Greensboro-based Jet It submitted a Chapter 7 bankruptcy filing this week. The filing is different ...

New York City is entering the legal fray over Joel Weiner’s Pinnacle Group. Newly inaugurated Mayor Zohran Mamdani, along ...