Retailer Saks Global Hits Ch. 11 With Over $3B Debt

By Rick Archer and Alex Wittenberg · January 14, 2026, 10:27 AM EST

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

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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