It's important to note that Bhalla used publicly-available financial information to analyze the company. Saks itself has not issued a going concern warning or made any public comment on a potential Chapter 11 bankruptcy filing.Ragini Bhalla, head of brand and spok=esperson for Creditsafe, shared some data on the struggles that Saks Fifth Avenue has undergone, which could push the company into a Chapter 11 bankruptcy filing.Now, another legendary retail brand that traces its history back to 1902 has been str ...