Saks Fifth Avenue - NEWS POLITE

Saks Fifth Avenue owner developing luxury hotel, apartments in former department stores

ByNews Polite August 12, 2024

Saks Fifth Avenue is contemplating extending its brand to hotels and luxury apartments as it looks beyond a bleak retail landscape for growth, The Post has learned. On the heels of the blockbuster announcement that Saks’ parent HBC inked a $2.65 billion deal to acquire rival Neiman Marcus, HBC is…

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