 It will be made up of Saks Fifth Avenue and Saks Off Fifth Brands, Neiman Marcus, and Bergdorf Goodman, as well as the real estate assets of Neiman Marcus Group and HBC, which is a holding company that purchased Saks in 2013. Both Saks and Neiman Marcus have struggled, as shoppers have been pulling back on buying high-end goods and shifting their spending toward experiences like travel and upscale restaurants. I'm Shirley Adler.