• Chat
  • Dashboard
  • Daily Briefing
  • Discover
    • Feedback
    • Log in
    Log inGet Started

    Saks CEO steps down as luxury retailer struggles under heavy debt load - ABC News

    AI Summary1 min read

    TL;DR

    Saks Global CEO has stepped down amid the luxury retailer's financial struggles, including heavy debt and potential bankruptcy considerations, as Richard Baker takes over leadership.

    1. Saks CEO steps down as luxury retailer struggles under heavy debt load  ABC News
    2. Saks Global CEO Marc Metrick exits  Retail Dive
    3. Saks C.E.O. Steps Down as Company Struggles to Pay Down Debt  The New York Times
    4. Saks Global CEO steps down as luxury retailer reportedly preparing for bankruptcy  The Guardian
    5. Exclusive | Saks owner races to raise $1B in financing as CEO steps down, possible bankruptcy looms: sources  New York Post

    Saturday, January 3, 2026 1:23 PM

    Visit Website
    website-logo

    Top stories - Google News

    Google News

    channel icon
    Related Articles

    Jellyfish sleep like humans — even though they don’t have brains - Nature

    Jan 6, 2026

    Target 'divisive' Reform in 2026, Keir Starmer tells ministers - BBC

    Jan 6, 2026

    'Absolutely not': Mark Kelly says he wouldn't change troop message or 'back down' after censure - ABC News

    Jan 6, 2026

    THR Writers Roundtable: Bradley Cooper, Guillermo del Toro and More - The Hollywood Reporter

    Jan 6, 2026
    xgithub
    logo

    Copyright © 2022-2026 - Aetos.AI