US Retail Revolution: Saks buys Neiman Marcus (but there’s more)

US Retail Revolution: Saks buys Neiman Marcus (but there's more)

Retail revolution in the US. HBC – Hudson’s Bay Company, owner of Saks Fifth Avenue, has acquired Neiman Marcus Group (with a contribution from Amazon). From the operation, Saks Global will be created, but it does not end there, because Arkhouse and Brigade Capital have increased their bid to annex Macy’s. Changes are around the…

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