Saks is on the brink of bankruptcy after a year of missed payments, vendor pullbacks, and a rescue plan gone awry. Here's how the crisis unfolded.
From the outside, Saks Fifth Avenue — the century-old department store in Manhattan — is literally glowing, its façade decorated with thousands of glittering lights as part of its annual holiday display.
The shine, however, masks a retailer under pre... [7507 chars]