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  1. 5 days ago · HBC, which also owns the Canadian department store chain Hudson’s Bay, is financing the acquisition with $2 billion it has raised from existing investors, while affiliates of the investment firm ...

  2. 2 days ago · The merger means that HBC’s Canadian business, which includes Hudson’s Bay department stores and $2 billion in property across the country, will operate separately from Saks Global.

  3. 4 days ago · The owner of Saks Fifth Avenue is acquiring Neiman Marcus Group for $2.65 billion — a deal that will unite America’s two largest high-end department-store chains in a bid to grab a bigger ...

  4. 3 days ago · Canadian retailer Hudson's Bay Co. will buy luxury department store rival Neiman Marcus for $2.65 billion US, the company said Thursday. The deal was announced after months of speculation that HBC ...

  5. 3 days ago · HBC, the owner of Saks and the Canadian chain Hudson's Bay, has agreed to buy Neiman Marcus, which also owns Bergdorf Goodman. Amazon will take a stake in the new combined company, slated to ...

  6. 1 day ago · The Hudson's Bay Company ( HBC; French: Compagnie de la Baie d'Hudson) is an American and Canadian-based retail business group. A fur trading business for much of its existence, it became the largest and oldest corporation in Canada, before evolving into a major fashion retailer, operating retail stores across both the United States and Canada.

  7. 4 days ago · Published July 3, 2024 3:06 p.m. PDT. Share. Several North American department stores are joining forces under a deal that will see Hudson's Bay Co. buy Neiman Marcus and spin it out into a larger ...