This is a news story, published by VOA, that relates primarily to Saks Fifth Avenue news.
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Saks Fifth AvenueVOA
•68% Informative
The parent company of Saks Fifth Avenue has signed a deal to buy upscale rival Neiman Marcus Group for $2.65 billion .
The deal comes after months of rumors that the department store chains had been negotiating a deal.
Amazon 's minority stake adds "a bit of spice" to an otherwise anticipated pact, analyst says.
Saks has struggled as shoppers pull back on high-end goods and shift spending toward experiences such as travel and restaurants.
VR Score
74
Informative language
79
Neutral language
4
Article tone
formal
Language
English
Language complexity
59
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
no external sources
Source diversity
no sources
Affiliate links
no affiliate links