Saks Global $600M deal with bondholders includes $200M in new financing
Retail Dive
JUNE 30, 2025
The company shook up its merchandising team about a year ago and its store operations team earlier this month. There is no plan to close stores, however, per that report. The tie-up is supposed to yield savings as the retailers merge many of their teams and rationalize the brick-and-mortar footprint.
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