So, Amazon dropped nearly half a billion dollars on Saks Fifth Avenue, hoping to bring luxury shopping to your Prime cart. Fast forward: Saks goes bankrupt, and Amazon’s investment? Basically toast. The real kicker: Saks burned through cash, missed targets, and now owes a ton to partners. If you’re eyeing luxury deals on Amazon, don’t hold your breath—this partnership is on life support. Moral of the story: Even big names can fumble big money moves! #Business #EntrepreneurshipStartup #Amazon