Spotted: Saks Fifth Avenue’s parent company just filed for bankruptcy, and it’s not just a boardroom drama—your favorite luxury shopping spots could look a little different soon. Saks owes big bucks to brands like Chanel and Gucci, and some designers have stopped sending new styles. If you’re eyeing a spring splurge, you might want to shop early—stock could get tight! #Business #LocalBusiness #SaksFifthAvenue