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Saks divisive debt reshuffle shows a retail sector under strain

Summary by Financial Times
US department store chain has made some of its creditors very unhappy with their unequal treatment

2 Articles

Financial TimesFinancial Times
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Saks divisive debt reshuffle shows a retail sector under strain

US department store chain has made some of its creditors very unhappy with their unequal treatment

·London, United Kingdom
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Saks Is at a Crossroads, Facing Creditor and Vendor Unease

The luxury retailer made an initial payment to bondholders on time, but six months after it acquired Neiman Marcus concerns about its finances remain.

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Financial Times broke the news in London, United Kingdom on Tuesday, July 1, 2025.
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