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Amazon Is Not Happy With Saks - Business Insider
1/15/26 at 7:30pm
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Business Insider
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Natalie Musumeci
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Amazon said its $475M stake in Saks is 'presumptively worthless' and that it may seek 'more drastic remedies' if Saks doesn't 'resolve' its concerns.
Business & Industrial
Company News
Mass Merchants & Department Stores
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https://www.businessinsider.com/amazon-objection-saks-bankruptcy-financing-business-partnership-investment-2026-1
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