Hudson’s Bay Company to buy luxury retailer Neiman Marcus in $2.65B US deal

Hudson’s Bay Company to buy luxury retailer Neiman Marcus in .65B US deal

Canadian retailer Hudson’s Bay Co. will buy luxury department store rival Neiman Marcus for $2.65 billion US, the company said Thursday. The deal was announced after months of speculation that HBC would buy the chain, whose website lists 36 U.S. locations selling designer apparel, accessories and housewares. HBC plans to group Neiman Marcus with its other international assets, including … Read more