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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

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...

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