Core Insights - Saks Global, owner of Saks Fifth Avenue and Neiman Marcus, has filed for Chapter 11 bankruptcy and is closing several stores across its brands [1][2] - The company plans to close nine luxury department stores, including one Neiman Marcus and eight Saks Fifth Avenue locations [2][6] - The closures aim to enhance customer service, strengthen brand partnerships, and promote full-price selling for sustainable growth [3] Store Closures - Saks Global will close nine luxury department stores by approximately April 30, 2026, pending court approval [3][4] - The store closing sales are expected to begin around February 20 [4] - After the closures, Saks Global will operate 35 Neiman Marcus stores and 25 Saks Fifth Avenue stores [4] Specific Store Locations - The only Neiman Marcus store closing is located in Boston, Massachusetts [5] - The Saks Fifth Avenue closures include locations in: - Birmingham, Alabama - Phoenix, Arizona - New Orleans, Louisiana - East Rutherford, New Jersey - Tulsa, Oklahoma - Columbus, Ohio - Bala Cynwyd, Pennsylvania - Richmond, Virginia [6][7]