Factbox-Biggest US retail collapses in recent years as Saks Global files for bankruptcy
Yahoo Finance·2026-01-14 06:25

Jan 14 (Reuters) - Saks Global filed for bankruptcy late on Tuesday, adding to a long list of high-profile retail collapses in the United States in the past decade as they struggled to stay alive amid cut-throat competition from big-box and online retailers. Saks ​Global is a conglomerate of department stores created after then parent, Hudson's Bay, acquired rival Neiman Marcus in 2024. Saks Global owns ‌luxury chains Saks, Neiman Marcus and Bergdorf Goodman. Listed below are some of the biggest bankrup ...