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

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.

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The close of the deal, which aligns two historic names in luxury retail across South Florida, comes with a CEO departure.

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The parent company of Saks Fifth Avenue signed a deal to buy upscale rival Neiman Marcus Group, which owns Neiman Marcus and Bergdorf Goodman stores, for $2.65 billion, with online behemoth Amazon ...

including Saks Fifth Avenue, Saks Off Fifth, Neiman Marcus and Bergdorf Goodman. The companies first announced the deal in July. To pay for the deal, the company said it’s using equity ...