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Forbes News source @forbes.com · Jersey City, New Jersey 🇯🇪· Feb 12

#LuxuryRetail #ConsumerBehavior #Ecommerce

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What Happened To Saks Global? Part 1: Amazon Poorly Pursued Luxury
"We've got data on 30 million luxury consumers," Marc Metrick, former chief executive officer of Saks Global told WWD in September 2025 in a nod to Amazon's infrastructure.
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Aol News source @aol.com · New York City 🇺🇸· Jan 23

#Bankruptcy #LuxuryRetail #SaksFifthAvenue

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Saks' bankruptcy filing creates uncertainty for iconic stores, suppliers and shoppers
NEW YORK (AP) -- An appeal for bankruptcy protection filing of the operator of Saks Fifth Avenue, Bergdorf Goodman and Neiman Marcus has left the luxury department stores' suppliers with unpaid bills and caused a rift with Amazon, one of Saks Global's minority investors.