RETAIL BANKRUPTCY

Saks Global, which owns famous names like Saks Fifth Avenue and Neiman Marcus, fell into bankruptcy a little over a year after it was created. Many people blamed the former chairman, Richard Baker, for the collapse. In a quiet meeting in Manhattan, he told reporters that he was actually trying to he

At Home, the company known for selling home decor and furniture, is going through a big change. The firm has more than 200 stores across the United States. They have decided to file for Chapter 11 bankruptcy. This move is part of a plan to fix their financial problems. The goal is to get rid of $2