Hudson's Bay Co. to purchase U.S. department store Neiman Marcus: reports

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Hudson's Bay Co. to purchase U.S. department store Neiman Marcus: reports
The Wall Street JournalMedia ReportsHBC
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TORONTO — Hudson's Bay Co. has reached a deal to buy luxury department store chain Neiman Marcus, according to media reports.

TORONTO — Hudson's Bay Co. has reached a deal to buy luxury department store chain Neiman Marcus , according to media reports .

Neiman Marcus competes in the same segment of the retail market as HBC, which also owns Saks Fifth Avenue and Saks Off 5th. Nancy Pelosi disclosed stock market trades made by her husband. He loaded up on AI plays like Nvidia and sold Tesla.

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