Saks Inc. and Neiman Marcus Group Inc. are each on a shopping trip—to sell themselves. And in one financier’s eye, they could end up in the same bag.
Saks, the high-end department store, has hired Goldman Sachs Group Inc. to explore alternatives possibly including a sale, according to a person familiar with the matter.
Neiman Marcus, meanwhile, has been exploring options including a sale or public offering. The luxury retailer is owned by private-equity firms TPG and Warburg Pincus LLC. Saks is publicly held.