FashionUnited

Richard Baker: The man who couldn't save Saks and Hudson's Bay

Galeria investor Richard Baker failed with Saks and Hudson's Bay. An analysis of his career, highlighting real estate monetisation and retail.
Yahoo

Oh my Lord, Taylor Swift is #1 with 'Opalite'

One star-studded video and multiple remixes later, Taylor Swift's "Opalite" has topped the Billboard Hot 100. The song had previously reached #2 back in October when its parent album, The Life of a ...
The New York Times

Saks Owner Says He Saved Department Stores. Never Mind the Bankruptcy.

Richard Baker wanted to create a retail empire when he combined Saks Fifth Avenue and Neiman Marcus. About a year later, it filed for bankruptcy. Richard Baker at the Saks Fifth Avenue flagship store ...
Wall Street Journal

Saks to Close Nine Department Stores in Initial Bankruptcy Review

The parent of Saks Fifth Avenue and Neiman Marcus plans to close nine department stores as part of an initial review in the luxury retailer’s chapter 11 restructuring proceedings. Eight Saks Fifth ...
New York Post

NYC’s department stores are a thing of the past — not even the rich can afford them

Department stores in NYC — once the center of every famous rump waddling with every rich wallet — gone. Shut. Closed. Bye buy, ta-ta. Remember? Barneys, Lord & Taylor, Gimbels, S. Klein’s, Ohrbach’s, ...
Vogue

What’s Working — and What’s Not — for US Department Stores in 2026

When Saks Global filed for Chapter 11 bankruptcy protection in January, it raised uncomfortable questions about the viability of the American department store. Can a retail model built on volume and ...
Forbes

As Saks Closes Saks Off 5th, Where Now For American Department Stores?

Saks Fifth Avenue Off 5th store at the Woodbury Common Premium Outlets shopping mall, Central Valley, New York. (Photo by Gary Hershorn/Getty Images) Saks Global Enterprises, the owner of some of ...
The Business Journals

Taylor Swift continues giving era with gift to Brad Paisley's The Store

Taylor Swift has made another donation to a Tennessee nonprofit, this time supporting a free grocery store founded by a country star and his wife. From the Nashville Business Journal. Taylor Swift is ...
TheStreet.com

Major department store brand liquidates in Chapter 11 bankruptcy

Economic challenges force a department store e-commerce platform to liquidate. The department store e-commerce platform could not secure a going-concern buyer for its assets. Department store chains ...
CBS News

Saks Global, century-old high-end department store chain, files for bankruptcy

Saks Global filed for bankruptcy protection late Tuesday, according to court documents entered in U.S. Bankruptcy Court in Houston, throwing the future of the roughly century-old high-end department ...
Tennessean

Paisleys thank Taylor Swift at The Store's second location opening

Kimberly Williams-Paisley was ecstatic to hear that Taylor Swift donated to The Store. At the official ribbon cutting of the second location at TriStar Centennial's B Garage, the co-founder reflected ...