Saks

Parent company of Saks Fifth Avenue, HBC, set to acquire Neiman Marcus Group

July 4, 2024

Saks Fifth Avenue parent HBC to acquire Neiman Marcus Group

Introducing the newest merger in the luxury retail world – Saks Fifth Avenue parent company, HBC, has announced its acquisition of Neiman Marcus Group in a massive $2.65 billion deal. This strategic move will bring … Read more

Categories Business News Tags Acquire, Avenue, Company, group, HBC, Marcus, Neiman, parent, Saks, Set

Peloton, Saks, Express and Other Retailers Behind on Vendor Payments

April 5, 2024

Retailers like Peloton, Saks, Express are late on vendor bills

As an investor or business enthusiast, staying informed about the financial health of companies is crucial for making sound decisions. Late payments to vendors can be a red flag indicating potential financial distress or even … Read more

Categories Business News Tags Express, Payments, Peloton, retailers, Saks, Vendor