Retail Industry Mergers Archives - Rachel Knight

Saks Merger: A Strategic Alliance Transforming the Retail Landscape

Saks Merger Overview Saks merger – In a transformative move that reshaped the luxury retail landscape, Saks Fifth Avenue, an iconic American department store, merged with Hudson’s Bay Company (HBC), a Canadian retail conglomerate, in 2013. The merger, valued at approximately $2.4 billion, was driven by a shared vision of expanding the reach and influence … Read more

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