Saks To Close 57 Saks Off 5th Stores In Bankruptcy

By Alex Wittenberg · January 29, 2026, 4:18 PM EST

Saks Global announced Thursday it would close the majority of its Saks Off 5th retail locations and its remaining Neiman Marcus Last Call stores as the company attempts to turn around...

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Bankruptcy Scorecard

Summary

The parent company of luxury department store chain Saks Fifth Avenue filed for Chapter 11 protection in a Texas bankruptcy court, declaring $3.4 billion in funded debt.

Case Number

4:26-bk-90103

Judge

Alfredo R. Perez

Venue

U.S. Bankruptcy Court for the Southern District of Texas

Capital Structure

Total Liabilities:

$3.4 billion

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Documents

Related Sections

Case Information

Case Title

Saks Global Enterprises LLC

Case Number

4:26-bk-90103

Court

Texas Southern

Nature of Suit

Date Filed

January 14, 2026

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