Results: Saks Global Holdings, parent of Saks Fifth Avenue, is broke

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KyleD

02/01/2026

31

1813

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Saks Global Holdings, parent of Saks Fifth Avenue, filed for Chapter 11 bankruptcy in January 2026 due to over $2.5 billion in debt
1.
1.
Where you are aware that saks Global Holdings, parent of Saks Fifth Avenue, filed for Chapter 11 bankruptcy in January 2026 due to over $2.5 billion in debt?
Yes
27%
479 votes
No
73%
1321 votes
2.
2.
Did you know this means that Saks Global filed for Chapter 11, not liquidation, meaning they are reorganizing, not closing?
Yes
31%
565 votes
No
69%
1235 votes

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