neiman marcus

Data: Luxury Goods Sales May Drop 35 Pct This Year
Data: Luxury Goods Sales May Drop 35 Pct This Year
May 07, 2020  |  Retail

Neiman Marcus’s bankruptcy filing on Thursday (May 7) may go unnoticed by many consumers. Amid lockdowns and a global economic collapse not seen since the...

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Neiman Marcus Files For Chapter 11
Neiman Marcus Files For Chapter 11
May 07, 2020  |  Retail

Neiman Marcus has filed for bankruptcy as the “great resettling” continues for retail. The company announced Thursday morning (May 7) that it has entered into...

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Investors Propose $700M In DIP Financing For Neiman Marcus
Investors Propose $700M In DIP Financing For Neiman Marcus
April 27, 2020  |  Retail

Amid the retailer’s reported impending bankruptcy, an investor group is intending to provide an alternative to a $600 million financing arrangement for Neiman Marcus Group and pressure...

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Neiman Marcus Reportedly Working On Bankruptcy Plan
Neiman Marcus Reportedly Working On Bankruptcy Plan
April 19, 2020  |  Retail

The coronavirus has pushed Neiman Marcus to the point of bankruptcy, the first major store in the U.S. to topple due to the pandemic, according...

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Neiman Marcus Prepares For Possible Bankruptcy After Stores Shutter
Neiman Marcus Prepares For Possible Bankruptcy After Stores Shutter
April 03, 2020  |  Retail

With the COVID-19 pandemic causing it to shutter its stores, Neiman Marcus Group is increasing preparations to ask for bankruptcy protection. The luxury department store...

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Today In Payments: Uber Eats Moves Into On-Demand Grocery Delivery; Banks Will Benefit From SMB $350B COVID-19 Bailout
Today In Payments: Uber Eats Moves Into On-Demand Grocery Delivery; Banks Will Benefit From SMB...
April 01, 2020  |  News

In today’s top payments news, Uber is moving into grocery delivery as restaurant orders decline due to the coronavirus pandemic, and banks stand to make...

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How Neiman Marcus Got Into The Medical Mask-Making Business
How Neiman Marcus Got Into The Medical Mask-Making Business
April 01, 2020  |  Coronavirus

How can I help? It is the question that millions of Americans have been asking themselves for the last few weeks, as COVID-19, the disease...

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Neiman Marcus To Stay Closed Through April 30; Lays Off Workers
Neiman Marcus To Stay Closed Through April 30; Lays Off Workers
March 30, 2020  |  Retail

After closing its stores earlier this month because of the coronavirus pandemic, luxury fashion retailer Neiman Marcus will now have to furlough some of its...

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Can Retailers Find Secondhand Success With Luxury (And Other) Items?
Can Retailers Find Secondhand Success With Luxury (And Other) Items?
April 18, 2019  |  Retail

The second time is the charm — that holds true for Neiman Marcus, and the hot retail trend the chain is tapping into (again). Retailers...

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