Saks Fifth Avenue is buying Neiman Marcus with Amazon’s help
Brandon Bell/Getty Images/File Clothes are displayed for sale in the Neiman Marcus department store. New York CNN — Saks Fifth Avenue and Neiman Marcus are merging to create a luxury…
Neiman Marcus to be purchased by rival Saks Fifth Avenue with Amazon
The parent of Saks Fifth Avenue, in a partnership with Amazon, will buy rival department store chain Neiman Marcus in a $2.65 billion deal. Richard Baker, CEO and chairman of…