Department Store Wars

In the never-ending saga of American department stores, Saks Global’s acquisition of the Neiman Marcus Group for $2.7 billion will go down in history as one of the most complicated—and consequential—plot points. Lauren and Saks Global C.E.O. Marc Metrick run through the list of complaints against the luxury department store super group, which includes Saks Fifth Avenue, Neiman Marcus, and Bergdorf Goodman—from issues paying vendors to customer return snafus. And then, Marc outlines why he believes the deal was inevitable, and why it’ll be better for the customer in the long run. To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices

Om Podcasten

Puck correspondent Lauren Sherman and a rotating cast of industry insiders take you deep inside what fashion people are really talking about behind the scenes of this multi-trillion-dollar biz, from creative director switcheroos to M&A drama, D.T.C. downfalls, and magazine mishaps. Fashion People is an extension of Line Sheet, Lauren’s private email for Puck, where she tracks what’s happening beyond the press releases in fashion, beauty, and media. New episodes publish twice-weekly, every Tuesday and Friday.