Saks Global filed for bankruptcy protection Tuesday, according to court documents entered in U.S. Bankruptcy Court in Houston, throwing the future of the roughly century-old high-end department store chain into doubt. Saks Global, the parent company of Saks Fifth Avenue, Neiman Marcus and Bergdorf Goodman, said its stores will remain open. #saks #shopping #bankruptcy

Saks Global filed for bankruptcy protection Tuesday, according to court documents entered in U.S. Bankruptcy Court in Houston, throwing the future of the roughly century-old high-end department store chain into doubt. Saks Global, the parent company of Saks Fifth Avenue, Neiman Marcus and Bergdorf Goodman, said its stores will remain open. #saks #shopping #bankruptcy ♬ original sound - CBS Mornings - undefined
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