Hudson’s Bay Company (HBC), parent company of Saks Fifth Avenue, has completed the acquisition of Neiman Marcus Group, a US-based department store chain, for a total enterprise value of $2.7bn.

Saks owner HBC, whose talks to merge with its longtime a were first reported by The Post last summer, will acquire Neiman Marcus for $2.65 billion, according to sources close to the situation ...

WASHINGTON — The Univision-HBC merger is not yet a done deal. The federal courts will have the final say on the $3.5 billion merger that created the nation’s largest Spanish media company.

Upon transaction close, HBC will establish Saks Global, a combination of world-class luxury retail and real estate assets, including Saks Fifth Avenue, Saks OFF 5TH, Neiman Marcus and Bergdorf ...

TORONTO & NEW YORK--(BUSINESS WIRE)--HBC (TSX: HBC) today announced the successful completion of the combination of the retail operations of HBC Europe and SIGNA’s Karstadt Warenhaus GmbH and ...

Richard Baker, CEO and chairman of HBC, told The New York Times said the company was “not planning on closing any stores or digital businesses or reducing services in any way,” even though the ...

WINONA, Minn., March 17, 2025 (GLOBE NEWSWIRE) -- Hiawatha Broadband Communications, Inc. (HBC) today announced that Dan Wigger has been appointed to lead the company following the retirement of ...

HBC Europe’s retail operations will merge with SIGNA’s Karstadt Warenhaus GmbH, with HBC taking a 49.99% interest in the combined businesses. This includes two iconic banners, Galeria Kaufhof ...