Saks Owner Raises $340 Million After Retailer Didn't Pay Vendors

Seven brands confirmed reports of chronic late payments that sparked some vendors to halt shipments to the US department store. Owner Hudson’s Bay Company said it monetised some real estate to help fund its retail operations.

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Saks Fifth Avenue Latest news, analysis and jobs

It's the end of the Bay as we know it – and Richard Baker feels fine

Saks Fifth Avenue

Saks Fifth Avenue

Inside Saks Fifth Avenue's Massive Women's Shoe Floor Renovation in NYC

SAKS FIFTH AVENUE RETURNS TO NEW JERSEY - MR Magazine

Hawaii's only Saks Fifth Avenue department store closes