Richard Baker wanted to create a retail empire when he combined Saks Fifth Avenue and Neiman Marcus. About a year later, it filed for bankruptcy.
Official
BUSINESS
Feb 23, 2026
Saks Owner Says He Saved Department Stores. Never Mind the Bankruptcy.
✍️ By Vanessa Friedman, Lauren Hirsch, Jacob Bernstein and Kim Bhasin
via NYT
📖 1 min read
👁️ 2 views
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