Saks Global Falls Behind With Factor Hilldun Corp.
Yahoo Finance·2025-12-10 05:32

Saks Global is playing the waiting game again. The retailer — which has been on the hot seat for slow and past-due payments to vendors for more than a year — finds itself at least temporarily on Hilldun Corp.’s “do not approve” list. More from WWD “They skipped two weeks of payments,” said Gary Wassner, chief executive officer of the factoring firm, in an interview on Tuesday. Wassner stressed that the nonpayment “wasn’t just out of the blue.” “They asked if they could skip one week for specific interna ...