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Owner of Saks Fifth Avenue develops luxury hotel and apartments in former department stores


Owner of Saks Fifth Avenue develops luxury hotel and apartments in former department stores

Saks Fifth Avenue is considering expanding its brand to hotels and luxury apartments as it looks to grow beyond the bleak retail landscape, The Washington Post has learned. Hot on the heels of the groundbreaking announcement that Saks parent HBC had closed a $2.65 billion deal to acquire rival Neiman Marcus, HBC is building a […]