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Friday, January 16, 2026

Tag: retail restructuring

Saks Uses Real Estate Strategy to Stay Open During Bankruptcy

Luxury retailer Saks seeks court approval to pay rent and keep stores open during Chapter 11 restructuring, securing $700 million in financing.

Target Cuts 1,800 Corporate Jobs in Major Restructuring Under New CEO

Target announces 1,800 corporate layoffs as incoming CEO Michael Fiddelke restructures to reverse 11 quarters of stagnant sales. Learn about the strategic shift.