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Saks Lays Out Plan to Pay Unpaid Vendors After Delays

Summary by Bloomberg
Saks Fifth Avenue told vendors in a letter Friday that it will take more than a year to pay unpaid bills, a sign of the difficult outlook facing US department stores and the brands they work with.

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Saks Lays Out Plan to Pay Unpaid Vendors After Delays

Saks Fifth Avenue told vendors in a letter Friday that it will take more than a year to pay unpaid bills, a sign of the difficult outlook facing US department stores and the brands they work with.

·United States
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Bloomberg broke the news in United States on Saturday, February 15, 2025.
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