Saks files for bankruptcy as department stores fight for survival
Saks Global, the company that owns Saks Fifth Avenue, Neiman Marcus and Bergdorf Goodman, has filed for bankruptcy protection.
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Saks Global, the company that owns Saks Fifth Avenue, Neiman Marcus and Bergdorf Goodman, has filed for bankruptcy protection.
Downtown Seattle’s retailers are playing musical chairs as they navigate a post-pandemic recovery.
This weekend, the last three Bartell Drugs stores — in Kirkland, Mill Creek and Gig Harbor — closed to the public, the final chapter in a 135-year Seattle business saga.
immigration raids on workplaces around Los Angeles County this week set off the largest protests to date against President Donald Trump’s immigration crackdown.
What isn’t clear is whether the Bartell name that has been such a presence in the Seattle area will survive, with several experts warning that the ubiquitous brand could disappear.
After a campaign launched by the REI union, members voted to keep three spots on the co-op’s board vacant.
Rite Aid is filing for bankruptcy again ands plans to sell off its stores. Remaining Bartell locations could face eventual closure.
The cuts affect some REI employees in “lead” positions, which the Seattle-founded company describes as the most inconsistent role.
Kroger and Albertsons insist the sale of 413 stores, including 104 in Washington, under a proposed merger, won’t lead to closures. Experts aren’t so sure.
Even among Seattle-area stores with healthy sales, franchisees cite labor shortages and security concerns as barriers to the once-successful formula.