So, Saks Fifth Avenue’s parent company is in hot water, and Amazon is not having it. After Saks burned through cash and missed payments, Amazon is asking a judge to block their bankruptcy plan. Why does this matter to you? If you love shopping luxury deals at Saks or Neiman Marcus, expect fewer sales and maybe even store closures as the company scrambles to pay back big brands like Chanel and Gucci. It’s a reminder: even big names can get in over their heads! #Business #LocalBusiness #SaksFifthAvenue