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Saks C.E.O. Steps Down as Company Struggles to Pay Down Debt - The New York Times

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TL;DR

Saks Global's CEO has stepped down as the luxury retailer faces financial struggles, including debt issues and potential bankruptcy filings, with reports indicating preparations for Chapter 11.

  1. Saks C.E.O. Steps Down as Company Struggles to Pay Down Debt  The New York Times
  2. Saks Global CEO steps down as luxury retailer reportedly preparing for bankruptcy  The Guardian
  3. Saks Global announces new CEO as it reportedly prepares for bankruptcy  CNBC
  4. Saks Global C.E.O. Marc Metrick Expected to Step Down  Puck
  5. Exclusive | Saks Prepares for Bankruptcy After Missing Debt Payment  The Wall Street Journal

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