Ever wondered why Saks Fifth Avenue feels more like a museum than a shopping hotspot these days? Turns out, the iconic store just filed for bankruptcy after struggling to pay its bills and keep its shelves stocked. The real kicker: Saks is now mostly catering to big spenders, so unless you’re dropping $10k a year, you might feel a little out of place. The takeaway? Even luxury isn’t immune to changing shopping habits and tight wallets. #Business #LocalBusiness #SaksFifthAvenue