The Bricks-and-mortar Ruling the Saks Global Bankruptcy
Yahoo Finance·2026-01-16 06:52

There was a lot of talk about the death of the department store as Saks Global limped along last year and then finally collapsed into insolvency late Tuesday. True, stores have had to adapt to all things digital and they are still finding their place in the new consumer landscape. More from WWD Even so, at the very heart of Saks Global’s bankruptcy case is a ton of bricks-and-mortar. Call it a parable for modern retail. Bondholders and Amazon alike have sought to claim the famous Saks Fifth Avenue fla ...