Retail Confessions: Bergdorf Goodman, Part II
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Saks Global, the parent company of luxury retailer Bergdorf Goodman, has filed for bankruptcy and is reportedly slashing jobs. There are claims that Bergdorf Goodman workers are missing a majority of their cash pay due to the company's financial issues. A former Neiman Marcus CEO is set to lead Saks through the bankruptcy process, with a hefty signing bonus.
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