Heads up: Saks Fifth Avenue’s parent company just filed for bankruptcy, and that’s got business leaders sweating about more than just luxury shopping. With CEOs at Davos fretting over inflation and a possible asset bubble burst, it’s a sign that even high-end brands aren’t immune to the economic rollercoaster. If you’re watching your wallet, now’s a good time to keep an eye on sales and be smart about big purchases—retail shakeups could mean deals, but also less selection. #Business #Market #SaksFifthAvenue