The 15 closures of Saks Fifth Avenue and Neiman Marcus announced Friday are in addition to the nine stores the company said last month that it would close.
WASHINGTON — The parent company of Saks Fifth Avenue and Neiman Marcus is closing more stores as it focuses on its most profitable businesses and trims debt during its Chapter 11 bankruptcy restructuring.
Saks Global Inc. said Friday it will close 12 more Saks Fifth Avenue stores and three more Neiman Marcus stores. The stores will remain open until the end of May, a company spokesperson said.
The closures come on top of the eight Saks
→ Continue reading at KGW TV