Saks finalizes acquisition of Neiman Marcus Group. Saks Global (which controls Saks Fifth Avenue and Saks Off Fifth) ...

With the Saks Fifth Avenue-Neiman Marcus Group merger complete, Neiman Marcus is likely to experience the greater disruptions ...

The merged company will combine 36 Neiman Marcus and 41 Saks Fifth Avenue stores amid a faltering luxury retail market.

Saks Global now includes Saks Fifth Avenue and Saks OFF 5TH, along with Neiman Marcus and Bergdorf Goodman. Each will continue to serve customers under its own brand. “This milestone transaction ...

Saks Fifth Avenue's parent company has finalized its nearly $2.7 billion acquisition of Neiman Marcus Group, creating a powerhouse in luxury retailing that seeks to hang on to wealthy shoppers.

Much to the disappointment of Christmas lovers, holiday travelers and New Yorkers as a whole, Saks 5th Avenue announced that it will not be showcasing its highly-anticipated, widely-adored holiday ...