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Pedestrians walk past a Saks Fifth Avenue store in Chicago, Dec. 30, 2025. Scott Olson | Getty Images Beleaguered retail chain Saks Global is struggling to line up as much as $1 billion in financing to keep its business afloat during a potential Chapter 11 bankruptcy filing, CNBC has learned. The luxury chain has been […]
The owner of Saks Fifth Avenue, Neiman Marcus and Bergdorf Goodman is in a race to land more than $1 billion in rescue financing from new and existing investors – even as the company announced its CEO is stepping down, The Post has learned. The luxury giant needs a cash infusion to pay off a […]
Pot Inc. has been popping the champagne corks (or, in this case, rolling some fat joints), and it’s not just to celebrate the New Year. President Trump just came to the rescue of the $60 billion industry, putting the drug in a low-level federal category in which dispensaries, farms and various weed-related products said they […]
