WATCH: Saks exits bankruptcy with $500M financing and luxury-focused pivot

News Archived • June 29, 2026 • 2 views

ABC News' Michelle Franzen and retail analyst Hitha Herzog break down Saks Global's restructuring, including store closures, workforce cuts and a strategic shift toward luxury retail and service.

Source: https://abcnews.go.com/abcnews/topstories - Read Original

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