B&G Foods, Inc. (NYSE: BGS) announced today that it has entered into an agreement to acquire the broth and stock business of Del Monte Foods Corporation II Inc. and its affiliates, including the ...

When companies file for bankruptcy, often it isn't because they're not cash flow positive. Bankruptcies can happen simply ...

Former Neiman Marcus Group chief Geoffroy van Raemdonck has been named CEO to steer the process, taking over from Richard ...

Debt-ridden Saks Global files for Chapter 11 bankruptcy protection, barely a year after its takeover of Neiman Marcus. Read ...

Saks Global, which took on significant debt when it acquired Neiman Marcus in 2024, filed for Chapter 11 bankruptcy in the ...

Sailormen, which operates 136 units across Florida and Georgia, faced growing losses and sales declines within the past 12 ...

The increase in bankruptcy filings comes as Americans face a slate of economic pressures, from sticky inflation to elevated ...

High-end department store conglomerate Saks Global filed for bankruptcy protection late on Tuesday, barely a year after a ...

Saks Global, the parent company of luxury retailer Saks Fifth Avenue, has filed for Chapter 11 bankruptcy protection after ...

The luxury retailer has struggled with slow sales and debt relating to its recent acquisition of rival Neiman Marcus.

On Wednesday Saks Global, the parent company of Saks Fifth Avenue, Neiman Marcus and Bergdorf Goodman and the largest luxury ...

Beleaguered luxury retailer Saks Global is close to finalizing $1.75 billion in financing with creditors that would allow its ...