Grab your coffee—Saks Fifth Avenue’s parent company is scrambling to raise $1 billion just to keep the lights on. The CEO just walked out, and they’re behind on big payments. If you love window shopping at Saks or Neiman Marcus, brace yourself: more store closures or even bankruptcy could be next. The luxury shopping experience might look very different soon! #Business #EntrepreneurshipStartup #SaksFifthAvenue