WWD.com/beauty-industry-news/financial/settling-up-at-saks-inc-retailer-to-repay-48m-to-overcharged-vendors-565051
financial
financial

Settling Up at Saks Inc.: Retailer to Repay $48M To Overcharged Vendors

Saks Inc. owes vendors more than $48 million, stemming from the improper collection of markdown allowances.