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Aol News source @aol.com Β· New York City πŸ‡ΊπŸ‡ΈΒ· 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.