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Logistics

Business
Saks Fifth Avenue Acquires Neiman Marcus For $2.65B With Amazon As Partner Saks Fifth Avenue Acquires Neiman Marcus For $2.65B With Amazon As Partner
Saks Fifth Avenue Acquires Neiman Marcus For $2.65B With Amazon As Partner Luxury department store Saks Fifth Avenue has acquired rival Neiman Marcus, with Amazon jumping on board with a stake in the newly combined company. HBC, the parent company of Saks, entered into an agreement to acquire Neiman Marcus Group, the parent company of Neiman Marcus and Bergdorf Goodman, for a total enterprise value of $2.65 billion.  As part of the deal, Amazon will provide logistics in what HBC says will be a "technology-powered luxury retail company." “We're thrilled to take this step in bringing together these iconic luxury names, Saks Fifth Avenue, Neiman Marcus, and Ber…

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by Joe Lombardi
Obituaries
Company Manager From Danbury Who 'Loved To Laugh' Dies At Age 49 Company Manager From Danbury Who 'Loved To Laugh' Dies At Age 49
Company Manager From Danbury Who 'Loved To Laugh' Dies At Age 49 Friends and loved ones are remembering a Connecticut woman for her sense of humor and love for animals. Fairfield County resident Katherine Hagendorf, of Danbury, died Monday, Aug. 1, at the age of 49, according to her obituary. A cause of death was not listed. Born in New York City on Dec. 22, 1972 to parents Ross and Teresa (Brisland) Angione, Hagendorf later obtained a bachelor of arts degree in English at New York University, her memorial said. She married her husband, John Hagendorf, on Oct. 12, 2013 in New York City. More recently, she worked as a logistics manager in Danbury for co…

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by Michael Mashburn