Saks Global Gets Court Approval for Bankruptcy Restructuring

Saks Global received court approval for its bankruptcy restructuring on Friday, clearing the luxury ​retailer to exit from Chapter 11 with a smaller s

Saks Global received court approval for its bankruptcy restructuring on Friday, clearing the luxury ​retailer to exit from Chapter 11 with a smaller store footprint ‌and lower debt. U.S. Bankruptcy Judge Alfredo Perez approved the company’s Chapter 11 plan at a court hearing in Houston, saying the company had done an “extraordinary” job in stabilizing […]