Saks Global files for bankruptcy protection
Saks Global has filed for bankruptcy protection, marking one of the biggest retail collapses since the pandemic.
| Updated: 10 Feb 2026
Saks Global has filed for bankruptcy protection in what is being described as one of the largest retail collapses since the pandemic.
Listen to this article
Loading audio...
The luxury US department store conglomerate reported between 1 billion and 10 billion dollars in both assets and liabilities, underlining the scale of the financial challenges facing the group.