What Saks Global’s bankruptcy means for vendors
Yahoo Finance·2026-01-20 10:49
This story was originally published on Retail Dive. To receive daily news and insights, subscribe to our free daily Retail Dive newsletter. Low inventory due to unpaid invoices and troubled communications with vendors was a major contributor to Saks Global’s disastrous 2025 and eventual bankruptcy in the early days of 2026. The company seems to appreciate this. In its Chapter 11 filing last week, Saks Global Chief Restructuring Officer Mark Weinsten told the court that its “ability to generate income is ...