Saks Fifth Avenue and Neiman Marcus to merge in $2.65B blockbuster deal, Amazon to acquire stake
Saks Fifth Avenue and Neiman Marcus have reportedly agreed to a blockbuster merger that combines the nation’s two dominant luxury retailers – and Amazon is joining the deal, too. Saks owner HBC, whose talks to merge with its longtime archrival were first reported by The Post last summer, will acquire Neiman Marcus for $2.65 billion, … Read more