Amazon threatens ‘drastic action’ after Saks bankruptcy, says $475M stake is now worthless

Thread starter Retail
Start date Jan 15, 2026

Retail

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Jan 15, 2026

Amazon invested $475 million into Saks's acquisition of Neiman Marcus. It wants a federal judge to reject Saks's bankruptcy plan because it harms creditors.

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Title: Amazon threatens ‘drastic action’ after Saks bankruptcy, says $475M stake is now worthless

Prefix: N/A

Forum: Retail News

Start date: Jan 15, 2026

Last reply date: Jan 15, 2026

Replies: 0

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Created: Retail, Jan 15, 2026

Replies: 0

Views: 9

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