After years of rumors, back-and-forth talks and a rush of creative fundraising, Richard Baker got his deal to buy Neiman ...
America’s biggest department store has rejected a takeover. Now what?
NEW YORK — Shoppers paused their spending in June from May, defying economic forecasts for a pullback and proving their ...
Shoppers paused their spending June from May as they wrestle with moderating inflation but still high interest rates that ...
Fireworks are synonymous with the Fourth of July. But this year, Dallas received news that was equally explosive. Saks Fifth Avenue had sealed a deal to buy beloved hometown retailer Neiman Marcus for ...
The brand hopes to expand its current offerings of perfume and beauty lines into home goods, outerwear and more.
The owner of Saks Fifth Avenue is acquiring Neiman Marcus Group for $2.65 billion — a deal that will unite America’s two largest high-end department-store chains in a bid to grab a bigger ...
On 4 July, the announcement of a long-rumoured deal rocked the boat even more: HBC, the parent company of luxury retailer Saks Fifth Avenue, will acquire Neiman Marcus (which also owns Bergdorf ...
“Luxury sales have changed radically because so many of the major luxury producers are now operating their own stores via e-commerce, and the role of department stores like Neiman Marcus and Saks and ...
The retail core of downtown Seattle is taking another hit with the announcement that Saks OFF 5th will close this month.
The Real-Estate Scion Behind the Saks and Neiman Marcus Marriage ...