WATCH: Saks exits bankruptcy with $500M financing and luxury-focused pivot

WATCH: Saks exits bankruptcy with $500M financing and luxury-focused pivot

Source: abcnews.go.com · Section: headlines · Bias: Center · Published: Mon, 29 Jun 2026 23:03:35 GMT

ABC News' Michelle Franzen and retail analyst Hitha Herzog break down Saks Global's restructuring, including store closures, workforce cuts and a strategic shift toward luxury retail and service.

Read the full article at abcnews.go.com →

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