Forbes contributors publish independent expert analyses and insights. Pam Danziger reports on retail, focused on the luxury consumer market. NEW YORK, USA - NOVEMBER 28: Crowd gathered at Rockefeller ...
Luxury retailer Saks secured a $600 million cash boost from a group of its bondholders, according to a report. The two-part deal stipulates that the first $300 million will be given right away by ...
A luxury retailer is making its own high-end purchase: Saks Fifth Avenue's parent company is buying Neiman Marcus for $2.65 billion, in a merger that would create a dominant upscale department store ...
Saks Global finalized its acquisition of Neiman Marcus on Monday, bringing the luxury department store chain into its fold through a $2.7 billion deal backed by e-commerce giant Amazon and other large ...
Luxury retailers Saks Fifth Avenue and Neiman Marcus have suffered double-digit sales declines since their blockbuster merger last year — while downmarket rivals Bloomingdales and Nordstrom have seen ...
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 for $2.65 ...
Saks Fifth Avenue is bringing back its iconic holiday light show this winter after the New York City tradition was canceled last year. "The Saks Fifth Avenue light show will be returning this year. We ...