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Neiman Marcus in talks with Hudson's Bay: source

Struggling high-end US retailer may sell itself to Canadian retail giant

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The talks highlight wider troubles at department stores, which have had trouble adjusting to the new ways that people shop, including online. A deal with Hudson's Bay Co would put Neiman Marcus under the same umbrella as Saks Fifth Avenue and Lord & Taylor.

New York

THE unrest in the department store business seems to have no end in sight. Now potentially on the horizon: a tie-up that would turn several of the biggest luxury rivals into siblings.

Neiman Marcus, the struggling high-end retailer, is in talks to sell itself to the Hudson

sentifi.com

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