Marc Metrick is a longtime Saks executive who had helmed the Saks Fifth Avenue and Neiman Marcus parent since 2024.

The owner of Saks Fifth Avenue and Neiman Marcus is in talks with creditors about financing for a coming chapter 11 filing.

Jet It grounded its fleet in 2023 leaving its fractional owners scrambling. The day before Christmas the story ended with a ...

An airline has filed for bankruptcy two years after it grounded all flights. According to TheStreet, Greensboro-based Jet It submitted a Chapter 7 bankruptcy filing this week. The filing is different ...

The largest luxury retailer in the world, which also owns Bergdorf Goodman and Saks off 5th, missed a $100 million debt ...

Luxury retailer Saks reportedly faces potential bankruptcy as parent company weighs Chapter 11 filing amid $100+ million debt ...

The latest whiskey company to announce bankruptcy was A.M. Scott Distillery in Ohio, adding to a growing number.

On December 22, Bloomberg reported that Saks was considering a Chapter 11 bankruptcy filing as a last resort amid a debt payment nearing. Some Saks lenders also reportedly held confidential talks to ...

Nonprofits across the country were left in the lurch, unable to access the donor cash that funds their work in education, ...

Saks Global Enterprises’ Chief Executive Officer Marc Metrick is stepping down from his role as the cash-strapped high-end retailer considers its restructuring options, including a Chapter 11 ...

On December 21, 2025, Artstock—doing business as Artist & Craftsman Supply, which stocks products for painting, drawing, ...