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Word of the day: VilipendVilipend meaning: Today's word of the day is 'vilipend,' meaning to treat or regard something as worthless or contemptible. Originating fro...- US bankruptcies surge in 2026: Eddie Bauer, Saks Global, Fat Brands, Francesca and more are struggling - is corporate collapse coming?US company bankruptcies 2026: Large US companies are facing a tough start to 2026, with nine major businesses filing for bankruptcy last we...
- These 800+ stores are closing across the US in 2026 — check the locations near youOver 800 stores and restaurants across the US will shut down by the end of 2026. Major brands like Wendy's, Macy's, and Pizza Hut are part ...
- Saks ending ecommerce partnership with Amazon: ReportSaks will wind down its Saks on Amazon storefront so it can focus on parts of its business it sees as spurring more growth. The partnership...
- US stock market crashes again today – Why Dow, S&P 500, Nasdaq slip for the 4th day in a row as gold and silver surge to record highsUS stock market crashes again today. Dow, S&P 500, Nasdaq slip for the 4th day in a row as gold and silver surge to record highs. The Dow d...
- Saks Global files for bankruptcy due to heavy debt load months after Neiman Marcus takeover; Here’s how the luxury retail group can revive itself as time runs outUS luxury retail group Saks Global filed for bankruptcy protection on Tuesday (January 13, 2026), burdened by substantial debt from the pan...
- European shares edge up as RWE, SSE auction win boosts utilitiesEuropean stocks recovered their poise on Wednesday after a modest dip a day earlier, as a surge in shares of energy firms RWE and SSE drove...
- US company Saks weighs bankruptcy a year after raising billions for turnaroundSaks Global Enterprises faces a critical debt payment this month. The company is exploring Chapter 11 bankruptcy as a potential option. Oth...
- Sydney Sweeney launches lingerie brand with $1 billion boost from Jeff Bezos-backed firmSydney Sweeney, the famous actress, is starting her own lingerie brand. This venture has financial support from Coatue, a firm linked to Je...
- Saks Fifth Avenue at crossroads, facing creditor and vendor uneaseSaks Global faces financial hurdles post the Neiman Marcus acquisition. The company made a crucial interest payment. It secured new financi...
- High-end department store retailer Saks launches Amazon storefrontSaks Fifth Avenue is launching a storefront on Amazon Luxury to sell designer goods from brands like Dolce&Gabbana and Balmain. Operated as...
- Reliance to bring American luxury retailer Saks Fifth Avenue, enters into franchise agreementReliance Retail is expanding into the luxury segment by introducing Saks Fifth Avenue to India and forming a franchise arrangement with the...
- Saks owner to buy luxury retailer Neiman Marcus in $2.65-billion dealHBC, the parent company of Saks Fifth Avenue, announced on Thursday that it will acquire the department-store chain Neiman Marcus in a $2.6...
- Saks Fifth Avenue sets up 1,000-seat centre in IndiaSeveral of the technology centres in India are focusing on creating an omni-channel model that integrates their physical and online stores.
- Aditya Birla Fashion in talks with American Eagle Outfitters, looking to sell its products in IndiaNYSE-listed American Eagle operates around 1,000 stores in the US, Canada, Mexico, the UK, China, Japan and several countries in the Middle...
- US payments firm ACI wants a piece of action in IndiaCompany in partnership with AGS Transact to roll out cloud tech platform.
- India could develop a digital payment system that others will envy, says a US-based payments tech firm chiefWith the recent push, a shift from cash to digital currency could also give a boost to the country’s economic growth.
- AGS Transact ties up with ACI Worldwide to bring its global payments tech to IndiaThis alliance will bring ACI’s Universal Payments capabilities to the Indian market via a comprehensive cloud-based managed services offeri...
- Global retailers revive India plan;Await cabinet approval for FDI in multi-brand to break into desi marketList of international retailers looking at India as a priority market for expansion include South Korea's Lotte, Thailand's Central Group a...
- Jagtiani readies $4 bn joint bid for SaksAfter Mittal's M&A hunt propelled him to the status of the world’s biggest steel magnate, it is the turn of Micky Jagtiani to carve out a g...
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