Saks Global To Wind Down Majority Of Off-Price Operations
ReutersJan 29, 2026 7:56 PM
Jan 29 (Reuters) - Saks Global:
SAKS GLOBAL SHARPENS FOCUS ON LUXURY RETAIL AND FULL-PRICE SELLING
SAKS GLOBAL: WINDS DOWN MAJORITY OF OFF-PRICE OPERATIONS
SAKS GLOBAL: CONTINUES TO ACCESS INITIAL TRANCHE OF $500 MILLION OF $1.75 BILLION IN COMMITTED CAPITAL
SAKS GLOBAL: SUBJECT TO APPROVALS, TO COMMENCE CLOSING SALES AT SOME SAKS OFF 5TH STORES & ALL REMAINING LAST CALL STORES FROM JANUARY 31
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