Creditors Given Weekend To Review Saks Off 5th Closures

By Ben Zigterman · January 30, 2026, 7:16 PM EST

A Texas bankruptcy judge on Friday indicated that he will approve Saks Global's emergency motion to close the majority of its Saks Off 5th retail locations and its remaining Neiman Marcus...

To view the full article, register now.
Try a seven day FREE Trial

Already a subscriber? Click here to login

Bankruptcy Scorecard

Summary

The parent company of luxury department store chain Saks Fifth Avenue filed for Chapter 11 protection in a Texas bankruptcy court, declaring $3.4 billion in funded debt.

Case Number

4:26-bk-90103

Judge

Alfredo R. Perez

Venue

U.S. Bankruptcy Court for the Southern District of Texas

Capital Structure

Total Liabilities:

$3.4 billion

View Full Scorecard

Related Sections

Case Information

Case Title

Saks Global Enterprises LLC

Case Number

4:26-bk-90103

Court

Texas Southern

Nature of Suit

Date Filed

January 14, 2026

Recent Articles By Ben