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Saks's store (HBC-owned) is the subject of foreclosure proceedings in Miami. Collateral includes several other locations. (in the U.S., I believe)
www.pymnts.com
![www.pymnts.com](https://securecdn.pymnts.com/wp-content/uploads/2020/10/Saks-Fifth-Avenue-foreclosure-Florida-1000x600.jpg)
Saks Lender Looks To Foreclose On Miami Store
Lenders to the Saks Fifth Avenue store at Miami’s Dadeland Mall are foreclosing on its owner.
![www.pymnts.com](https://securecdn.pymnts.com/wp-content/uploads/2019/04/cropped-512-1-32x32.jpg)