Saks CEO steps down as luxury retailer struggles under heavy debt load

Business

Saks Ceo Steps Down As Luxury Retailer Struggles Under Heavy Debt Load

By ABC News

NEW YORK -- The top executive of the private company that owns Saks Fifth Avenue and Neiman Marcus is stepping down as it struggles with debt taken on to buy a rival almost two years ago. Saks Global Enterprises said Friday that the departure of CEO ...Read more