Inside Saks Fifth Avenue's fight for its life: How a tumultuous 12 months left the retailer on the brink of bankruptcy

Tech Insider : Business, Economy, Technology
Torn Black Saks Fifth Avenue Shopping Bag.
Saks Global, the company behind some of the most iconic luxury department stores, is in trouble.

Getty Images; Alyssa Powell/BI

Two luxury rivals are joining forces — and Amazon is getting in on the action

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Saks Fifth Avenue
Saks Fifth Avenue is purchasing Neiman Marcus in a mega luxury fashion merger.

John Greim/Getty Images

Why Neiman Marcus doesn't care if its corporate employees stay remote

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Shoppers enter and exit the Neiman Marcus at the King of Prussia Mall, United States' largest retail shopping space, in King of Prussia
Shoppers enter and exit the Neiman Marcus at the King of Prussia Mall in Pennsylvania.

Mark Makela/Reuters

Vans' parent company is laying off 500 employees. Here's the full list of major retailers making cuts, from Gap to Walmart.

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A person wears checkerboard Vans sneakers at New York Fashion Week on February 12, 2022.
A person wears checkerboard Vans.

Edward Berthelot/Getty Images

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