Amazon Threatens 'Drastic Action' After Saks Bankruptcy

Slashdot
By msmashJan 15, 2026, 5:21 pm89 pts
Amazon wants a federal judge to reject Saks Global's bankruptcy financing plan, writing in court papers the beleaguered department store "burned through hundreds of millions of dollars in less than a year" and failed to hold up their agreement. From a report: When Saks acquired Neiman Marcus for $2.7 billion in…

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