Mrs. Jessica Morgan+FollowSaks Fifth Avenue’s Money Mess: What Happened?Here’s a coffee break scoop: Saks Fifth Avenue and its sibling Bergdorf Goodman are prepping for bankruptcy, and it’s not just because of slow sales. Turns out, the debt from buying Neiman Marcus is weighing them down—like maxing out your credit card for a shopping spree, then struggling to pay rent. If you love luxury shopping, keep an eye out for big sales or changes in your favorite stores! #Business #SaksFifthAvenue #Bankruptcy00Share
dianefrank+FollowPieology’s Pizza Drama: Bankruptcy BombshellPieology, the pizza spot where you could build your own pie like at Chipotle, just filed for bankruptcy! Founded by tennis legend Michael Chang and once backed by Kevin Durant, the chain went from 130 locations to just 40. They’re millions in debt but say they’ll keep slinging pizzas while they sort things out. Wild to think a celeb-backed pizza chain could hit such a rough patch! #Food #Pieology #Bankruptcy00Share