Saks spins the chapter 11 into something “transformative” to “ well position Saks for a strong future “
OMG!
1 reply
What do you expect when the previous owner bought NMG. This new company has two divisions, BG and NM/SFA. So corporate has to adjust the company so it can finally pay off vendors.
This business merger should have never happened. May the future owner be merchant centric verses the greedy PE.