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Parent company of Saks Fifth Avenue to buy Neiman Marcus for $2.65 billion
Associated Press via Yahoo Singapore Finance· 2 days agoThe parent company of Saks Fifth Avenue has signed a deal to buy upscale rival Neiman Marcus Group,...
Amazon takes a new brick-and-mortar approach with a stake in Neiman Marcus
Engadget via Yahoo News Singapore· 20 hours agoAmazon changed the face of retail over the last 20 years but has failed miserably to make inroads in...
Saks-Neiman’s Merger Has Finally Arrived: What Are the Ramifications?
WWD via Yahoo Singapore Finance· 2 days agoThere could be one online buying team for both retail brands, and further consolidations and...
AP Top Extended Financial Headlines at 11:55 p.m. EDT
Associated Press Finance via Yahoo Singapore Finance· 2 days agoThe parent company of Saks Fifth Avenue has signed a deal to buy upscale rival Neiman Marcus Group, which owns Neiman Marcus ...
Saks owner to buy luxury retailer Neiman Marcus in $2.65-billion deal
Reuters via Yahoo Singapore Finance· 2 days agoThe deal comes with luxury retailers battling slowing demand as high interest rates and inflation...
Amazon, Macy's rise; Robinhood Markets, APA fall, Friday, 7/5/2024
Associated Press via Yahoo Singapore Finance· 16 hours agoThe online retail giant will hold a minority stake in the company resulting from HBC's buyout of Neiman Marcus Group. Macy's Inc., up ...
The biggest data breaches in 2024: 1 billion stolen records and rising
TechCrunch via Yahoo News Singapore· 7 days agoFrom huge stores of customers' personal information getting scraped, stolen and posted online, to...