Saks Global Winds Down eCommerce Deal With Amazon
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9 Articles
Saks Global to close Amazon storefront following bankruptcy filing
Saks Global is set to end its partnership with Amazon.com and will close its dedicated storefront on the platform, according to reports by Reuters. Sources told the outlet that the bankrupt retailer plans to wind down the Saks on Amazon operation to focus on business areas it expects will generate higher growth. The partnership was formed in 2024 following a £475m investment by Amazon. The original eight-year agreement required Saks to pay the e…
Saks Global ends tie-up with Amazon
Department store chain Saks Global is reportedly ending its partnership with online retailer Amazon. A source said on Friday (30 January) that Saks would close down its “Saks on Amazon” store front to focus on areas of its company “it sees as spurring more growth,” Reuters reported. The tie-up initially arose after Amazon invested £347.2m ($475m) to support the multi-brand luxury retailer’s acquisition of Neiman Marcus in 2024. Relate…
Saks Global to exit Amazon partnership during bankruptcy
Saks Global is preparing to bring its “Saks on Amazon” online retail partnership with Amazon to an end, citing sources, Reuters reported.The post Saks Global to exit Amazon partnership during bankruptcy – report appeared first on Retail Insight Network.
Saks winds down ecommerce partnership with Amazon
Drapers Saks winds down ecommerce partnership with Amazon Saks Global, which filed for chapter 11 bankruptcy protection last month, is reportedly winding down its ecommerce partnership with Amazon.The post Saks winds down ecommerce partnership with Amazon appeared first on Drapers.
Saks Ends Amazon Partnership Amid High Stakes Bankruptcy
The iconic retailer Saks Global is officially ending its e-commerce partnership with Amazon. This decision follows the company’s recent bankruptcy filing in early January 2026. Furthermore, Saks intends to wind down its digital storefront on the mass-market platform. The company will now focus entirely on its own website, Saks.com. Initially, this alliance began with a significant $475 million investment from Amazon. However, the Saks Amazon par…
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