Insight Report 3 minutes PremiumNeiman Marcus Group Puts Itself Up for Sale; Hudson’s Bay Co.in Advanced Talks for a Deal Coresight Research March 16, 2017 Executive Summary Luxury onmichannel retailer Neiman Marcus is exploring strategic options of a sale or capital restructuring, amid a swelling debt profile and a disappointing sales performance. Hudson’s Bay Co. is in exploratory talks with Neiman Marcus to discuss an acquisition. The debt profile of the target company is a significant obstacle. The retail industry, especially companies with a primarily brick-and-mortar presence, is facing significant headwinds brought, in part, by online competition. The news comes after the announcement that Macy’s is also exploring a possible sale, and after other major retailers such as BCBG Max Azria and Wet Seal have already filed for bankruptcy in 2017. This report is for paying subscribers only. Already a paying subscriber? Please log in to see the entire report.If you wish to learn more about our subscription plans and become a paying subscriber, click here. This document was generated for Other research you may be interested in: Data Drop: US Retail—Number of Stores, Firms and EmployeesConsumers Continue To Notice and Adapt to Inflation: US Consumer Tracker 2023, Week 31Three Data Points We’re Watching This WeekThe Metaverse Is Not Dead: Defying the Rumors of Its Demise