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Saks, Neiman Marcus Restructure Under Chapter 11, Closing Nine Stores to Cut Costs

Story Thread|Saks Bankruptcy and Store Closures

Araverus Team|Tuesday, February 10, 2026 at 7:36 PM

Saks, Neiman Marcus Restructure Under Chapter 11, Closing Nine Stores to Cut Costs

Araverus Team

Feb 10, 2026 · 7:36 PM

Bankruptcy · Neiman Marcus · Saks Fifth Avenue · Store Closures

BankruptcyNeiman MarcusSaks Fifth AvenueStore Closures

Saks Fifth Avenue and Neiman Marcus plan to close nine department stores as part of their chapter 11 restructuring, including eight Saks locations and one Neiman Marcus store in Boston.

Read More On

Saks to Close Nine Department Stores in Initial Bankruptcy Reviewwsj.comSaks Global to close nine more stores amid bankruptcy proceedings By Reuters - Investing.cominvesting.comSaks to Close Nine Department Stores in Initial Bankruptcy Review - National Todaynationaltoday.comSaks Fifth Avenue to Close 9 Stores Amid Bankruptcy Restructuring - National Todaynationaltoday.comSaks Global to close 8 Saks Fifth Avenue stores and 1 Neiman Marcus store in re­struc­turing - Bay News 9baynews9.com

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