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 ...
I wrote that a Saks/Neiman Marcus merger seemed inevitable. I didn’t see this as an exciting development, but one largely ...
Revenue targets depend on mending relationships with suppliers, analysts say. A memo from CEO Marc Metrick may have made ...
Saks Fifth Avenue’s latest Fifth Avenue Club personal shopping location has opened at the London West Hollywood hotel ...
The marriage of Saks Fifth Avenue and Neiman Marcus was supposed to create a luxury powerhouse. Instead the newlywed ...
Saks Fifth Avenue, the leading name in luxury shopping, is partnering with The London West Hollywood at Beverly Hills to ...
The group has announced the closure of Neiman Marcus's historic Dallas flagship amidst the merger and mounting bills.
The luxury retailer provided some clarity on how and when vendors will get paid for past and future shipments, but questions ...
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 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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