The planned acquisition of Neiman Marcus Group (NMG) by HBC, the parent company of Saks Fifth Avenue, is one step nearer to closing. Get the Full Story Complete the...
The parent company of Saks Fifth Avenue said Friday (March 5) it was splitting its eCommerce and 40 traditional retail stores into “separate but related...
HBC has announced HBC Properties and Investments (HBCPI), an investments and real estate business to supervise, optimize and improve the firm’s asset collection. Get the...
As consumers shift their spending from brick-and-mortar stores to eCommerce sites, iconic American fashion and houseware brands are shuttering their flagship stores. Lord & Taylor,...
Welcome to Five at Five, your late look at payments and commerce news you might have missed. Today’s stories include details about Amazon’s new plans...
WeWork, a New York-based company providing flexible, coworking workspaces, has inked a deal to acquire space in department store chain Lord & Taylor’s flagship Manhattan...
The U.K. is still feeling the reverberations of last week’s election results, and policymakers and the business community are now waiting to see how a...