Amazon invested $475 million into Saks' acquisition of Neiman Marcus. It wants a federal judge to reject Saks' bankruptcy plan because it harms creditors.

17 hours ago · Amazon is pushing back against Saks Global's bankruptcy financing plan. Saks Global filed for Chapter 11 bankruptcy protection this week. Amazon warned it may seek "more drastic …

1 day ago · The online giant claimed the luxury retailer breached a deal to sell Saks products on its website and that its equity investment in the now bankrupt business is “presumptively worthless ...

1 day ago · Amazon challenges Saks’ Chapter 11 financing, warning a $1.75B deal could harm unsecured creditors and make its equity stake worthless—read the latest...

21 hours ago · Amazon challenged Saks’ bid to fund its bankruptcy with financing that would provide the retailer with as much as $1.75 billion in fresh cash, according to court documents filed late Wednesday.

1 day ago · Key insights from Saks' bankruptcy: Amazon's $900M deal, Chanel's $136M claim, inventory struggles, and shifts in luxury retail dynamics.

15 hours ago · Amazon blasts Saks' bankruptcy plan as wiping out its $475M stake, threatening drastic action in court. After a failed Neiman Marcus merger, Saks fights for $1.75B financing amid creditor …