May17 , 2026

    Reports: Hudson’s Bay Co. to purchase U.S. department store Neiman Marcus

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    -The 354-year-old Canadian retailer will pay US$2.65 billion for Neiman Marcus

    -Hudson’s Bay also owns Saks Fifth Avenue and Saks Off 5th

    -Just a few months ago, people were wondering when Hudson’s Bay would fix their escalators

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