Saks Global is currently teaming up with advisors to explore liquidity and financing strategies. The company aims to reinforce its financial position, even though it boasts solid funds. Options under consideration include potential property sales to bolster its resources further.
Despite their strong financial standing, Saks Global recognizes the need for strategic adjustments. By working closely with consultants, they are taking proactive steps to ensure their liquidity remains robust. This approach reflects a growing trend among businesses to reassess financial strategies amid changing market conditions.