 For months, the department store chains had been negotiating and had explored a combination several times over the years. Both retailers have been struggling as many shoppers pull back on spending for pricey items, and fashion brands are opening their own flagship stores. Fox's Hilary Barsky, Amazon's part of the deal, having a minority stake in the new company, which will be called Saks Global. Amazon plans to provide technology and logistical expertise. I'm Lisa Brady.