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Saks Fifth Avenue is buying Neiman Marcus with Amazon’s help
CNN Business via Yahoo Finance Canada· 4 hours agoSaks Fifth Avenue and Neiman Marcus are merging to create a luxury department store empire. And...
Saks buys Neiman Marcus in $2.65B deal
The Week via Yahoo Finance Canada· 8 hours agoThe luxury retailers will be combined under a new entity, Saks Global, but will continue to operate under their existing brand names. Amazon...
Saks, Neiman Marcus merger is a luxury-tech fusion with Amazon, Salesforce
Axios· 3 hours agoThe world of luxury retail is consolidating fast. The announced $2.65 billion acquisition of Neiman ...
Saks’ Online CEO Says Amazon to Help ‘Future-Proof’ Neiman Deal
The Business of Fashion· 11 hours agoAmerica’s two largest luxury department-store chains are combining — and they’ll rely in part on the...
Tech meets luxury in Saks-Neiman deal
Axios· 8 hours agoHBC, the parent of Saks Fifth Avenue, has agreed to acquire Neiman Marcus Group for $2.65 billion, with Amazon and Salesforce taking minority stakes. Why...
Hudson's Bay To Buy Neiman Marcus For $2.65 Billion
Baystreet via Yahoo Finance Canada· 10 hours agoHudson's Bay Co., Canada’s oldest company, is buying American department store chain Neiman Marcus for $2.65 billion U.S. Both companies are privately held ...
Amazon takes a new brick-and-mortar approach with a stake in Neiman Marcus
Engadget via Yahoo Canada News· 11 hours agoAmazon changed the face of retail over the last 20 years but has failed miserably to make inroads in...
Stock market today: Wall Street's scorching rally sets more records as hopes rise for rate cuts
Airdrie City View· 4 hours agoU.S. stocks rose to more records after a report on the job market bolstered hopes that interest...
HBC should apply learnings from new Saks Global company to the Bay: experts
Toronto Star· 8 hours agoRetail consultants say Hudson’s Bay Co. should apply lessons it learns from a newly-announced deal...
How is Canada planning to reduce the cost of housing asylum seekers? Take our business and investing...
The Globe and Mail· 15 hours agoThis week: Toronto-based pension fund Ontario Municipal Employees Retirement System (OMERS)...