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When Saks Global announced its partnership with Amazon this week to open a new storefront on the long-fledgling Amazon Luxury Stores platform, the news was less notable than the timing.
It was inevitable that the e-commerce behemoth and department store chain would come together. After all, Amazon helped finance Saks Fifth Avenue’s $2.7 billion merger with Neiman Marcus Group, alongside Salesforce, Authentic Brands Group and the holders of $2.2 billion worth of bonds that the retailer…
