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New York Times

After Saks Bankruptcy, Richard Baker Says He Saved Luxury Department Stores

Richard Baker wanted to create a retail empire when he combined Saks Fifth Avenue and Neiman Marcus. About a year later, it filed for bankruptcy. [...]

How Did Pat McGrath Cosmetics Go From Billion-Dollar Brand to Bankruptcy?

The makeup artist Pat McGrath was a favorite of Taylor Swift, Kim Kardashian and Madonna. Then she became a billion-dollar brand. [...]

Operator of Eddie Bauer Stores Files for Bankruptcy

The company that operates the brand’s retail stores cited a shift in consumer preferences, rising inflation and elevated tariffs. [...]

Founder of First Brands, Whose Bankruptcy Spooked Wall St., Is Indicted on Fraud Charges

Patrick James, who was earlier ousted from the beleaguered auto-parts maker, is accused by federal prosecutors of faking invoices and lying about hidden debt for years. [...]

Saks Fifth Avenue Bankruptcy Revives Debate Over the Future of Department Stores

Saks Fifth Avenue’s bankruptcy filing has revived debates about how these once celebrated shopping emporiums can regain their luster. [...]