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. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Weekly US and UK Store Openings and Closures Tracker 2025, Week 5: Apparel, Convenience and Food Retailers Announce Store Expansion PlansMass Merchandiser and Warehouse Club Shopping in Focus—Walmart Leads; High Purchase Rates for Daily Essentials: US Consumer Survey InsightsThree Data Points We’re Watching This Week, Week 6: US Consumer and Retail FocusStore Tracker Extra: US Store Openings and Closures 2024 Review and 2025 Outlook