Neiman Marcus Group is preparing to seek bankruptcy protection as soon as this week, becoming the first major U.S. department store operator to succumb to the economic fallout from the coronavirus outbreak, people familiar with the matter said.
2020 - Media Team Retailp.com
Lana Todorovich took the reins as president and chief merchandising officer of Neiman Marcus Group in September of 2019, less than six months when the world and retail would be forever altered due to the Covid-19 pandemic.
2022 - Media Team Retailp.com
Luxury retailer Neiman Marcus said on Monday it would furlough most of its about 14,000 workers, as the coronavirus crisis forced it to close all stores till the end of April.
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Neiman Marcus Group filed for bankruptcy protection on Thursday, marking one of the highest-profile collapses yet among retailers forced to temporarily close stores in response to the COVID-19 pandemic.
2020 - Media Team Retailp.com
Shuttering comes after the troubled retailer filed for bankruptcy protection in May
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Neiman Marcus is searching for a buyer or investor, the New York Post reported.
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Brazilian fashion and lifestyle brand Farm Rio is set to enter Neiman Marcus, as part of the retailer’s 'New Names at Neiman's' edit, becoming the brand's first brick-and-mortar retail partner in the United States.
2020 - Media Team Retailp.com
Dallas-based department store operator Neiman Marcus Group (NMG) announced a series of new strategic initiatives on Wednesday, including the fusion its in-store and online teams, the sale of two distribution centers and the streamlining of Last Call.
2020 - Media Team Retailp.com
As Dallas, Texas-based department store operator Neiman Marcus emerges from bankruptcy, it has announced that it is reducing its retail workforce as part of a review of its business.
2020 - Media Team Retailp.com
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