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Plaza Frontenac is an upscale, two-level, enclosed, regional shopping center in Frontenac, Missouri.Opened in 1974 and anchored by Saks Fifth Avenue and Neiman Marcus, it has high-end tenants, many of which are unique to the region.
Neiman Marcus is an American department store chain founded in 1907 in Dallas, Texas by Herbert Marcus, his sister Carrie Marcus Neiman, and her husband Abraham Lincoln Neiman. Since 2024 it has been owned by Saks Global , the American division of the Hudson's Bay Company .
Halls is the department store division of Kansas City, Missouri-based Hallmark Cards, consisting of a specialty department store located in downtown Kansas City in the city's Crown Center commercial complex district. The store carries a variety of premium-branded items in apparel, cosmetics, jewelry, shoes, and other product categories, in ...
Saks Global was created in 2024 after the Canadian Hudson's Bay Company (HBC) purchased the American Neiman Marcus Group (NMG). [2] [3] [4] The acquisition was finalized in December 2024 and the purchase cost $2.7 billion. [5]
On May 2, 2005, Neiman Marcus Group was the subject of a leveraged buyout (LBO), selling itself to two private equity firms, Texas Pacific Group and Warburg Pincus. [3]In August 2013, Women's Wear Daily reported Neiman Marcus Group was preparing for an initial public offering of its stock. [4]
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In addition to writing a weekly column for The Dallas Morning News for 15 years, Marcus was the author of multiple retailing-oriented books, including Minding the Store: A Memoir (1974), the sequel Quest for the Best (1979), [63] and His & Hers: The Fantasy World of the Neiman Marcus Catalogue (1982) [64] He was a close friend of other writers ...
After 1998 the company began to expand, with sales totaling $27 million. In 1999, Neiman Marcus Group paid $34 million for a 56% stake of the company. [9] In 2006 when Neiman Marcus Group acquired the remaining 44% stake in Kate Spade for $59.4 M, revenue was reportedly near $99 million. [10] This acquisition valued the company at $134 million ...