Marc Metrick

Saks Promises ‘Innovation and Growth’ After Completing Neiman Marcus Acquisition
Saks Promises ‘Innovation and Growth’ After Completing Neiman Marcus Acquisition
December 24, 2024  |  Retail

Saks Global has completed its previously announced acquisition of Neiman Marcus Group for a total enterprise value of $2.7 billion. This acquisition brings together the...

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Report: Amazon Taking Minority Stake as Saks Buys Neiman Marcus
Report: Amazon Taking Minority Stake as Saks Buys Neiman Marcus
July 03, 2024  |  Acquisitions

Saks Fifth Avenue parent company HBC will reportedly buy rival Neiman Marcus, with Amazon taking a minority stake in the new company. The boards of...

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Saks President Says Firm Doesn’t Need In-Store AI
Saks President Says Firm Doesn’t Need In-Store AI
January 12, 2018  |  Retail

Luxury retailer Saks Fifth Avenue is taking a stand against the ongoing push for artificial intelligence (AI) in the brick and mortar shopping experience. In a...

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