Episode Details
Back to Episodes
What Saks’ Bankruptcy Says About NYC Business Right Now
Published 2 months ago
Description
Saks Global, the parent company of Saks 5th Avenue filed for bankruptcy this month. Janae and producer Iru head up to 5th Av. to check on the iconic NYC department store, and WNYC’s Ryan Kailath breaks down why this isn’t the kind of bankruptcy that leads to a liquidation sale but still flashes a warning sign for NYC businesses. Plus, where's all this snow going? Sanitation Department Deputy Joshua Commissioner gives us a peak into the system.