Saks Global exits Chapter 11 as ‘Exemplar Luxury Group.’ Here are 5 other things it dumped along the way

The luxury retailer is starting over with a new name and fewer burdens, including less debt and a smaller footprint.

By Daphne Howland • June 29, 2026

J.C. Penney, Aéropostale link loyalty programs

Customers who shop at both retailers can earn points to redeem at either one. Both companies are part of the Catalyst Brands portfolio.

By Tatiana Walk-Morris • June 26, 2026

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Top 5 stories from Retail Dive

From Target’s path forward under a new CEO to the retailers most vulnerable to bankruptcy, here’s a look at the stories shaping the industry.

By Retail Dive staff

FAO Schwarz opens NYC location for the first time in 100 years — this time in Nordstrom

The toy company's second New York store is part of a broader partnership that will see FAO Schwarz products in all Nordstrom stores later this year.

By Kaarin Moore • June 25, 2026

Foot Locker vet to lead operations at Kohl’s

Elliott Rodgers, who also spent more than eight years in leadership roles at Ulta, joins the struggling department store in September.

By Daphne Howland • June 16, 2026

Kohl’s prices ‘hundreds of items’ below $20 for summer sale

The event, which runs June 23 through June 28, will also offer free shipping on online orders, as the department store spotlights value.

By Tatiana Walk-Morris • June 11, 2026

Nordstrom, Adidas team up for World Cup style

The partnership will be featured in 35 of the department store’s locations, including at The Corner at its NYC flagship.

By Tatiana Walk-Morris • June 11, 2026

Saks Global faces pivotal year as court approves bankruptcy exit plans

The company will slash debt by 75%, get $500 million in new financing and aim for $9 billion in GMV by 2030. But now customers need to come back.

By Daphne Howland • June 8, 2026

Downtown Dallas Neiman Marcus to close for good, after all

Saks Global decided to close the century-old store over a year ago, but city leaders waged a war of words and won a reprieve.

By Daphne Howland • June 3, 2026

Macy’s revamped half its stores and customers followed

As it improves merchandising and customer experience at 200-plus stores, some analysts now see the department store taking share from weaker rivals.

By Daphne Howland • June 3, 2026

Inside Belk’s latest collaboration with Sewing Down South

The third iteration of their partnership includes an expansion into jewelry and the return of a pop-up store in Charleston, South Carolina.

By Kaarin Moore • June 3, 2026

J.C. Penney rebound stalls in the holiday quarter

The department store made some strides in its turnaround last year but ended fiscal 2025 with weakness on the top and bottom lines.

By Daphne Howland • June 1, 2026

The Weekly Closeout: Burlington plots store openings, Mattel expands Brick Shop

The off-price retailer plans to open over 100 new locations this year, while the toy company debuted new brick sets featuring Lamborghini and Chevrolet.

By Retail Dive Staff • May 29, 2026

Sephora a surprise drag on Kohl’s in Q1

The department store posted some improvement in the period but margin gains were meager, and sales are expected to be flat at best this year.

By Daphne Howland • May 28, 2026

5 reasons why Saks Global’s post-bankruptcy forecast is far-fetched

The luxury giant expects to achieve margins and growth that department stores haven’t seen in years.

By Daphne Howland • May 26, 2026

Department stores losing market share to resale

Off-price retailers have little to fear from rapidly growing secondhand sales, though, according to research from Bank of America analysts.

By Daphne Howland • May 15, 2026

Dillard’s is so confident, it opened a new store

Sales, margins and profits grew in Q1 — impressive results considering that consumers and the department store model itself are under pressure.

By Daphne Howland • May 14, 2026

Saks Off Fifth may be gone, but its customers aren’t. Here’s where they’re going.

TJX and Nordstrom Rack were already gaining share, and they stand to benefit most as Saks Global abandons off-price retail.

By Daphne Howland • May 13, 2026

Simon Property Group drops effort to evict Saks Global stores behind in rent

The parties have settled a dispute that threatened to derail progress in Saks’ effort to exit bankruptcy court next month.

By Daphne Howland • May 11, 2026

The art of Macy’s Flower Show

The Chicago pop-up features hundreds of flowers — real and hand cut — and serves as the debut of a permanent work by a local artist.

By Kaarin Moore • May 7, 2026

Saks Global expects to exit bankruptcy in June with $1.2B in debt

The luxury retail conglomerate said it would be profitable in three years and that, starting next fiscal year, revenue growth would average 7% annually.

By Daphne Howland • May 4, 2026

Saks Global slashes 16% of its corporate workforce

The latest round of downsizing comes amid the luxury retailer’s bankruptcy and leaves it to focus resources “toward critical capabilities that will drive profitable, sustainable growth,” a spokesperson said Thursday.

By Daphne Howland • May 1, 2026

Kohl’s delves into AI for gift finding, aiding associates

The retailer launched a conversational AI agent to help shoppers find gifts, and is evolving how associates engage with data using the technology.

By Tatiana Walk-Morris • April 30, 2026

Bankruptcy court, citing Saks Global’s merchandising woes, approves $500M in exit financing

Judge Alfredo Pérez on Friday approved the plan, paving the way for the luxury retailer to start fresh with vendors — and customers.

By Daphne Howland • April 27, 2026

Richard Baker claps back, moves to quash subpoena in Saks Global bankruptcy case

The retailer’s former executive chairman said he’s been locked out of his company email and doesn’t have all the details a group of creditors is seeking.

By Daphne Howland • April 20, 2026

Bergdorf merchant heads to Nordstrom after Saks Global drops lawsuit

Yumi Shin has taken a newly created role, executive vice president of global brand partnerships, reporting to chief merchant Jamie Nordstrom.

By Daphne Howland • April 16, 2026