neiman marcus

Neiman Marcus Group To Invest $85 Million In Its Supply Chain
Neiman Marcus Group To Invest $85 Million In Its Supply Chain
January 28, 2021  |  Retail

Neiman Marcus Group (NMG) is making investments in its supply chain, technology, merchandising and personnel, which it says will transform the shopper experience at Bergdorf Goodman and...

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Neiman Marcus Emerges From Chapter 11
Neiman Marcus Emerges From Chapter 11
September 28, 2020  |  Retail

Neiman Marcus Holding Company Inc. has completed its Chapter 11 bankruptcy protection process and emerged from one of the highest-profile retail collapses since COVID-19 began,...

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Mall Sector Gets More Bad News; Neiman Marcus To Cut Staff
Mall Sector Gets More Bad News; Neiman Marcus To Cut Staff
September 24, 2020  |  Retail

The embattled mall category absorbed more bad news this week as Brookfield Properties and Neiman Marcus showed further signs of consistent financial stress. Along with...

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Neiman Marcus Nears End Of Bankruptcy
Neiman Marcus Nears End Of Bankruptcy
July 31, 2020  |  Retail

Neiman Marcus could exit Chapter 11 in time for holiday shopping. According to the The Dallas Morning News, the luxury retailer is closer to exiting...

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Neiman Marcus To Close Store In NYC’s Hudson Yards
Neiman Marcus To Close Store In NYC’s Hudson Yards
July 24, 2020  |  Retail

Neiman Marcus is reportedly leaving the upscale New York City Hudson Yards shopping center as it undergoes bankruptcy proceedings. The department store retailer had an...

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PE Firms Shun Investments In Older Firms Hard Hit By Pandemic
PE Firms Shun Investments In Older Firms Hard Hit By Pandemic
June 28, 2020  |  Investments

Companies owned by private equity firms are not seeing the money for protection that those firms ostensibly have saved up, The Wall Street Journal (WSJ)...

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Facebook Eyes Leasing Neiman Marcus Store In Manhattan
Facebook Eyes Leasing Neiman Marcus Store In Manhattan
June 22, 2020  |  Retail

Facebook could be looking to take over Neiman Marcus‘ space at Hudson Yards in Manhattan, according to an unnamed source in a Women’s Wear Daily...

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Neiman Marcus May Shutter Key Manhattan Store
Neiman Marcus May Shutter Key Manhattan Store
June 09, 2020  |  Retail

How the mighty have fallen — on hard times. Neiman Marcus reportedly may vacate its fashionable year-old digs at the Shops at Hudson Yards in New York...

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Neiman Marcus Gets Interim Approval For $675M In DIP Loans
Neiman Marcus Gets Interim Approval For $675M In DIP Loans
May 11, 2020  |  Retail

In a move that reportedly allows for business continuity, Neiman Marcus Group said in a statement that it has received interim court approval for all...

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