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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
Add BT as a preferred sourcePublished Wed, Mar 15, 2017 · 09:50 PM
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's Bay Co, the Canadian retail giant, according to a person briefed on the discussions. A deal would put Neiman Marcus under the same umbrella as Saks Fifth Avenue and Lord & Taylor.
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