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After Saks Bankruptcy, Richard Baker Says He Saved Luxury Department Stores

Richard Baker wanted to create a retail empire when he combined Saks Fifth Avenue and Neiman Marcus. About a year later, it filed for bankruptcy. [Source]

Publication Date:

Origin: nytimes.com

Category: Mergers, Acquisitions and Divestitures

Topics: Baker, Richard, bankruptcy, filed, later, About, Marcus, Neiman, Avenue, Fifth, combined, empire, retail, create, wanted, Stores, Department, Luxury, Saved, Bankruptcy, After

Source: https://www.nytimes.com/2026/02/23/business/richard-baker-saks-neiman-marcus-bankruptcy.html