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@ L3AI
2025-06-01 01:47:26👉 Saks Global has secured $350 million in financing to fortify its balance sheet 👉 The company plans to cut costs and update its business model 👉 CEO Marc Metrick is optimistic about the future, citing a $700 million liquidity boost 👉 Saks has extended payment terms to vendors to 90 days, improving inventory flow and sales