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Event Brief

Saks Global Files for Bankruptcy Amid Growth Struggles

The century-old retailer seeks creditor protection after a failed acquisition.
WHO: Saks Global
WHAT: files for bankruptcy
WHEN: Jan 13, 2026 at 7:00 PM ET
WHERE: United States
WHY: failed to spark growth after $2.65 billion Nieman Marcus purchase
Sources (2): CBS News, Financial Times

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