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WATCH: Saks exits bankruptcy with $500M financing and luxury-focused pivot

Jun 29, 2026

ABC News’ Michelle Franzen and retail analyst Hitha Herzog break down Saks Global’s restructuring, including store closures, workforce cuts and a strategic shift toward luxury retail and service.

By MARKETPLUS

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Multiple injured, 1 critically, after seaplane with 11 aboard crashes in Wash. state

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