Saks Fifth Avenue Owner Files for Bankruptcy
The parent company of luxury retailer Saks Fifth Avenue has filed for bankruptcy protection. Get the latest details on this major business development and its potential impact.
Category : Search result: Saks Fifth Avenue bankruptcy
Luxury Retailer Saks Global Files for Bankruptcy
Luxury retail giant Saks Global has filed for bankruptcy protection as it prepares for a significant corporate restructuring. Get the latest details on this major business development.
Saks Global Files for Bankruptcy Protection
Luxury retail giant Saks Global, owner of Saks Fifth Avenue and Neiman Marcus, files for Chapter 11 bankruptcy. The company secures $1.75B in financing to keep stores open while restructuring massive debt.
Saks CEO Baker Exits as Luxury Retailer Nears Bankruptcy
Richard Baker departs as CEO of Saks Global Enterprises just days after appointment, as the luxury retail conglomerate prepares for Chapter 11 bankruptcy protection. Read the latest on the leadership shakeup.
Key Windsor Intersection Opens After Construction
The newly constructed intersection of Sydney Ave. and Howard Ave. in Windsor officially opens to drivers today, January 13, 2026, marking a significant infrastructure milestone for the city's traffic flow.
Bankrupt B.C. man's lavish lifestyle puzzles court
A British Columbia court is investigating how a bankrupt man maintains an extravagant lifestyle with no clear source of income. The case raises questions about financial disclosure.
Saks Plans Chapter 11 Bankruptcy Filing as Soon as Sunday
Iconic luxury retailer Saks Global Enterprises is preparing to file for Chapter 11 bankruptcy protection, marking a dramatic fall for the 150-year-old brand. Get the full story on the financial crisis.
Toronto police investigate two stabbings overnight
Toronto police are investigating two separate stabbing incidents that occurred late on January 2, 2026. Get the latest details on the ongoing investigations.
Saks CEO Steps Down as Bankruptcy Looms
Marc Metrick, CEO of luxury retailer Saks Global, has stepped down as the company faces potential bankruptcy. Get the latest details on this major business shakeup.
Saks Skips $100M Bond Payment Amid Creditor Talks
Cash-strapped Saks Global Enterprises misses a major interest payment as it negotiates with creditors, following a sharp decline in its bonds and recent debt restructuring.
Saks Considers Bankruptcy as $100M Payment Looms
Luxury retailer Saks Global Enterprises, burdened by debt from its Neiman Marcus deal, is exploring Chapter 11 bankruptcy ahead of a critical $100+ million payment due December 30. Read the full analysis.
Windsor's Sydney Avenue Intersection Opening Pushed to 2026
The opening of the new Sydney Avenue intersection in Windsor, Ontario, has been delayed and is now expected in early 2026. Get the latest details on this key infrastructure project.
Vancouver's UpMeals bankrupt amid fraud allegations
Vancouver entrepreneur Drew Munro faces fraud accusations and a potential criminal probe as his meal-prep company UpMeals collapses into bankruptcy. Read the full story.
Roomba Maker iRobot Files for Bankruptcy, Pursues Buyout
iRobot, the pioneering company behind the Roomba vacuum, has filed for Chapter 11 bankruptcy and is seeking a buyer for its manufacturing business. Get the full story on this tech industry shakeup.
Impaired Driver Crashes Truck in North Bay Ditch
Ontario Provincial Police responded to a late-night crash in North Bay involving an impaired driver who rolled a pickup truck. Emergency services attended the scene.
Ottawa police seek suspect in September break-in, fraud
Ottawa police are asking for the public's help to identify a man wanted in connection with a September break-in and subsequent credit card fraud. The incident occurred on Broadhead Avenue.
HazMat Team Contains Ammonia Leak at Winnipeg PepsiCo
A significant ammonia leak prompted a major emergency response at a PepsiCo facility in Winnipeg. The specialized HazMat team successfully contained the incident. Read the full details.
Northbound Dougall Ave Closed After Crash in Windsor
A multi-vehicle collision has shut down northbound Dougall Avenue in Windsor. Police are on the scene investigating. Avoid the area and seek alternate routes.
Ottawa Approves New Tallest Building at 50 Storeys
Ottawa's planning committee has approved a new 50-storey tower by Claridge Homes, set to become the city's tallest building. The project will add 503 housing units near Little Italy and Dow's Lake Station.
50-storey high-rise proposed for Ottawa's Dow's Lake area
Claridge Homes plans Ottawa's tallest building, a 50-storey residential tower at Carling and Prescott. The proposal will reshape the Dow's Lake skyline. Read the details.
Commercial fire contained in central Regina
Regina Fire & Protective Services successfully contained a commercial fire on the 3000 block of Dewdney Ave. No injuries reported. Details on the response and other national news.
Police release photos of 4 suspects in Ottawa break-in
Ottawa police ask for public assistance to identify four suspects linked to a Kirkwood Avenue break-in and subsequent fraudulent credit card use. Call with tips.
Fifth arrest in N.B. murder conspiracy case
RCMP in New Brunswick have arrested a fifth individual linked to a conspiracy to commit murder in Fredericton. Get the latest details on this developing investigation.
Hazmat Response in SE Edmonton
Emergency crews are on scene of a hazardous materials incident near 20 Street and 70 Avenue in southeast Edmonton. Details are developing.
Winnipeg's 'Humbug' Sign Returns to St. James Balcony
The classic 'Humbug' sign is back on its Winnipeg balcony, marking the start of the holiday season in St. James. Discover the story behind this local tradition.
Ottawa Police Seek Suspect in Carling Ave Assault
Ottawa police ask for public help to identify a suspect in an October 3rd assault on Carling Avenue. The suspect is described as a white male, 30, with strawberry blond hair and a beard.
Dewdney Avenue Reopens, Wrapping Regina's 2025 Construction
Regina's 2025 construction season ends with the reopening of the revitalized Dewdney Avenue Corridor, a $33.6M project. Mayor Chad Bachynski hails the investment in core infrastructure and the Warehouse District.
Two men arrested for multiple break-ins in Kitchener
Waterloo Regional Police have arrested two men in connection with a series of break-and-enters in Kitchener. Get the latest details on the charges and ongoing investigation.
House Destroyed by Fire in North York, No Injuries
A residential fire in North York destroyed a house near Finch Ave. and Bathurst St. on Dec. 1, 2025. Thankfully, no injuries were reported. Get the latest details on the incident.
Ottawa crews extinguish Argyle Ave highrise fire
Ottawa Fire Services swiftly contained a fire in an Argyle Avenue residential highrise. No injuries were reported after two full building searches. Get the latest details.
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