Saks Global to cut 5% of US corporate workforce amid Neiman Marcus integration - Bloomberg
Investing.com -- Saks Global plans to lay off approximately 5% of its US corporate workforce, according to Bloomberg News. This decision comes as the department store progresses with the integration of its recent acquisition, Neiman Marcus. The information was confirmed by a source familiar with the situation.
There’s no way all of us are needed,” one Neiman executive told The Post. “We’re all trying to stay focused on our jobs while ...
Revenue targets depend on mending relationships with suppliers, analysts say. A memo from CEO Marc Metrick may have made ...
I wrote that a Saks/Neiman Marcus merger seemed inevitable. I didn’t see this as an exciting development, but one largely ...
Saks Fifth Avenue’s latest Fifth Avenue Club personal shopping location has opened at the London West Hollywood hotel ...
Saks Fifth Avenue, the leading name in luxury shopping, is partnering with The London West Hollywood at Beverly Hills to ...
The marriage of Saks Fifth Avenue and Neiman Marcus was supposed to create a luxury powerhouse. Instead the newlywed ...
The group has announced the closure of Neiman Marcus's historic Dallas flagship amidst the merger and mounting bills.
On February 14, the newly formed Saks Global announced its plan to pay vendors past due balances in 12 monthly installments beginning in July.
The luxury retailer provided some clarity on how and when vendors will get paid for past and future shipments, but questions ...
The news comes less than a year after Neiman Marcus’ merger with Saks Fifth Avenue and shortly after the announcement of the closing of their CityPlace offices.
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