Marc Metrick, the executive poised to lead Neiman Marcus after its sale to rival Saks Fifth Avenue, says there are no plans to shrink either of the luxury department store chains after the $2.65 ...

The news that Saks is buying its long-time luxury department store nemesis Neiman Marcus seemed inevitable ... but if the FTC allows the deal to go through—which is far from guaranteed—there ...

HBC, the parent of Saks Fifth Avenue, has struck a deal to buy Neiman Marcus Group, the parent company of Neiman Marcus and Bergdorf Goodman, in a $2.65 billion transaction that includes Amazon ...

Once the deal is closed, HBC will establish the ... real-estate assets that will include Saks Fifth Avenue, Saks OFF 5TH, Neiman Marcus and Bergdorf Goodman. All of those will continue operating ...

even more physical based retail like we have here with Saks and Neiman Marcus," Morningstar analyst David Swartz said. HBC is financing the deal with $2 billion it raised from existing investors ...

He's currently chief executive at Saks.com. Metrick will report to Richard Baker, HBC CEO and executive chairman. Metrick told the Dallas Morning News that what the deal means for Neiman Marcus ...

At Neiman Marcus, over 6,000 fashion finds are up to 75 percent off. The sale includes brands like Vince, Rag & Bone, Agolde, ...

NEW YORK — Saks Fifth Avenue and Neiman Marcus are merging to create a luxury department store empire. And Amazon wants to help. Saks owner HBC announced a deal Thursday to acquire Neiman Marcus ...

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 ...