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Stock impact report

Saks Global ‘Exploring All Potential Paths' On Anniversary of Neiman Marcus Deal [Yahoo! Finance]

S&P Global Inc. (SPGI) 
Last s&p global inc. earnings: 4/28 07:10 am Check Earnings Report
US:NYSE Investor Relations: stocktwits.com/symbol/s
Company Research Source: Yahoo! Finance
While the acquisition did create a luxury department store giant including Saks Fifth Avenue, Neiman Marcus and Bergdorf Goodman, it did not dispel the doubters. More from WWD Hilldun Keeps Pause on Saks Global Orders Until After Christmas at Least How Saks Global Got Into Its Mess Bang & Olufsen Opens Largest Store in San Francisco From the controversial decision to extend payment terms on vendors and to cover its past-due payments in monthly increments in February to a quick refinancing in August , the future path of Saks Global was a question mark for many. Now, finishing off a make or break holiday season, the company is clearly at a crossroads with a more than $100 million interest payment due Dec. 30. Bloomberg reported that Saks Global is “considering Chapter 11 bankruptcy as a last resort.” In response, a spokesperson for the retailer told WWD: “Together with our key financial stakeholders, we are exploring all potential paths to secure a strong and stable fut Show less Read more
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