Araverus Team|Monday, February 2, 2026 at 6:57 PM
Araverus Team
Feb 2, 2026 · 6:57 PM
Amazon · Bankruptcy · Luxury Retail · Saks
Saks Global is set to end its 'Saks on Amazon' partnership as it restructures under Chapter 11 bankruptcy protection, focusing on areas expected to yield stronger growth.
The company reported that its cloud-computing growth has been slower than rivals.
The e-commerce giant will convert some locations into Whole Foods Market stores.
