Saks is preparing for bankruptcy. Guess the $50 Amex spends couldn’t keep them afloat. Use your benefits asap.

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It’s just a reorg. Happens all the time. Relax.

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Bankruptcy doesn’t mean the Saks company is shutting down. It’s a restructuring / reorganizing the debt they have taken on, probably close a few stores / sell property to raise cash, etc. Chapter 11 corporate bankruptcy happens all the time.

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I went to use mine today and it was picked through with little inventory on the shelves.

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$300 minimum for free shipping. They really deserve it

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What $50 Amex spend?

funny

It only applies if you have the personal Amex platinum. It's a quarterly refund for spending $50 at Saks.

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Red lobster also going bankrupt but their kiddo ceo has a turnaround plan

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