Saks Acquires Neiman Marcus: A Strategic Alliance in Luxury Retail
Financial and Strategic Impact: Saks Buying Neiman Marcus The acquisition of Neiman Marcus by Saks is expected to have significant financial and strategic implications for both companies. Saks, the larger of the two, has been struggling in recent years, with declining sales and profits. Neiman Marcus, on the other hand, has been more successful, with … Read more