Saks & Neiman Merge: What’s Changing?

Heads up, luxury shoppers! Saks and Neiman Marcus are officially joining forces, but that means 550 folks are losing their jobs as the companies trim overlapping roles. The goal? To cut costs and make the new $10 billion fashion giant run smoother. For shoppers, this could mean fewer brands in stores and maybe some changes in service as teams combine. If you love a deal, keep an eye out—consolidations sometimes lead to clearance sales! #RetailNews #LuxuryShopping #Saks #NeimanMarcus #MoneyHacks #Shopping