Marcus (MCS) Reports Q2 Loss, Tops Revenue Estimates
Marcus (MCS) came out with a quarterly loss of $0.17 per share versus the Zacks Consensus Estimate of $0.03. This compares to earnings of $0.35 per share a year ago.
Analysts Estimate Marcus (MCS) to Report a Decline in Earnings: What to Look Out for
Marcus (MCS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Saks Fifth Avenue buying Neiman Marcus in $2.65 billion deal, with backing by Amazon
The parent of high-end retailer Saks Fifth Avenue is buying rival Neiman Marcus, with some help from Amazon.com, as luxury brands try to navigate slowing demand and rising competition from fast fashion.
Saks To Buy Neiman-Marcus And Amazon Will Invest. Why This Is Happening.
According to the rumors, Saks has been wanting to buy Neiman-Marcus and has been husbanding its cash for years to do it. Now The Wall Street Journal reports it's actually happening.
Luxury Retailers Neiman Marcus And Saks Fifth Avenue Merging In $2.65 Billion Deal Backed By Amazon, Report Says
Saks Fifth Avenue's owner, Hudson's Bay Co. closed a $2.65 billion acquisition of luxury retailer Neiman Marcus, according to The Wall Street Journal, which will merge Saks and Neiman with the help of Amazon and Salesforce amid a stagnating personal luxury market.
Saks owner to buy Neiman Marcus—with help from Amazon
The parent of Saks Fifth Avenue sealed a $2.65 billion deal to buy rival Neiman Marcus, according to people familiar—all with a little help from Amazon.
Saks Fifth Avenue Parent Reportedly Set to Buy Neiman Marcus
HBC, the parent company of luxury department store Saks Fifth Avenue, has signed a $2.65 billion deal to buy rival retailer Neiman Marcus with support from Amazon (AMZN), according to reports.
Saks Fifth Avenue and Neiman Marcus to merge in $2.65B blockbuster deal, Amazon to acquire stake
The deal will give Amazon unprecedented access to the luxury market – a tricky segment where the company has tried and mostly failed to get a credible foothold for more than a decade.
Saks owner to buy Neiman Marcus with help from Amazon, WSJ reports
The parent of Saks Fifth Avenue sealed a $2.65 billion deal to buy rival Neiman Marcus with a little help from Amazon , the Wall Street Journal reported on Wednesday, citing people familiar with the matter.
Saks Owner to Buy Neiman Marcus—With Help From Amazon
The parent of Saks Fifth Avenue sealed a $2.65 billion deal to buy rival Neiman Marcus, according to people familiar with the matter, creating a powerhouse in luxury retailing that seeks to hang onto wealthy shoppers—all with a little help from Amazon.com AMZN -1.21%decrease; red down pointing triangle.
