A dominant upscale department store in the U.S.

Posted by Robin on 4 July 2024 9 Comments

A luxury retailer is making its own high-end purchase: Saks Fifth Avenue's parent company is buying Neiman Marcus for $2.65 billion, in a merger that would create a dominant upscale department store in the U.S.

HBC, the owner of Saks and the Canadian chain Hudson's Bay, has agreed to buy Neiman Marcus, which also owns Bergdorf Goodman. Amazon will take a stake in the new combined company, slated to provide technology and logistics as part of the deal.

The daily lemming

Posted by Robin on 4 July 2024 5 Comments

From Apotheke, the Sea Salt Grapefruit 2-Wick candle: "Summer by the sea is always in the air with the bright and citrusy scent of Sea Salt Grapefruit...[it] balances tangy sea salt, black pepper, and ripe grapefruit with sweet tarragon and a fresh dewdrop accord for a bright and citrusy fragrance". $62 for 368g at Apotheke.