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Saks Global Files For Bankruptcy After Neiman Marcus Takeover Leads To Financial Collapse

NEW YORK, Jan 14 (Reuters) – High-end department store conglomerate Saks Global filed for bankruptcy protection late on Tuesday in one of the largest retail collapses since the pandemic, barely a year after a deal that brought Saks Fifth Avenue, Bergdorf Goodman and Neiman Marcus under the same roof.

Source: Original Article

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