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3 mins read

Why Neiman Marcus doesn't care if its corporate employees stay remote

Luxury retailer Neiman Marcus has no plans to implement RTO mandates for its corporate workers. The…

Tim Paradis   


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2 mins read

Neiman Marcus says it's only targeting ultra-wealthy customers who can spend around $27,000 a year at the retailer

The top 2% of the store's customers drive roughly 40% of its total sales, and most of those custome…

Avery Hartmans   


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3 mins read

Nordstrom, Neiman Marcus and other brands were buying clothes from a 'sweatshop' that paid just $1.58 an hour — in California

An investigation by the Department of Labor suggests that the majority of clothing makers in Southe…

Charles R. Davis   


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1 min read

Neiman Marcus has unveiled this year's luxury Fantasy Gift guide with items starting at $95,000 — see what it includes

According to Neiman Marcus' news release, this year's luxury list was selected to reflect "adventur…

Brittany Chang   


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1 min read

Neiman Marcus is notifying nearly 5 million customers about a data breach that exposed names and payment card numbers

A company spokesperson says there is no evidence that any customer information is being sold on the…

Emily Walsh   


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2 mins read

Fashion icons are mourning the death of the industry as we know it

The coronavirus has brought with it more order delays and sales struggles. Stakeholders now worry a…

Madeline Stone   


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3 mins read

The face of department stores is radically changing, and could soon look more like a warehouse than a boutique

Department stores will have to evolve to survive. For some, that means becoming smaller. For others…

Madeline Stone   


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1 min read

Neiman Marcus is closing 4 department stores and 17 off-price Last Call locations for good. See if your local store is on the list.

"Prior to COVID-19, Neiman Marcus Group was making solid progress on our journey to long-term profi…

Bethany Biron   


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4 mins read

Natasha Dailey   


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2 mins read

Neiman Marcus files for bankruptcy, citing 'inexorable' pressure from coronavirus

"We are facing unprecedented disruption caused by the COVID-19 pandemic," the Neiman Marcus CEO sai…

Madeline Stone,Hayley Peterson   


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4 mins read

As retailers including J. Crew and Neiman Marcus file for bankruptcy, experts worry about skittish creditors and an overloaded bankruptcy court system

J. Crew and Neiman Marcus have filed for bankruptcy. But the coronavirus pandemic means the process…

Madeline Stone   


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1 min read

Mary Hanbury   


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1 min read

Neiman Marcus is selling a $255,000 RV in its extravagant 2020 Fantasy Gifts list as RV sales continue to boom

Even though months have passed since this RV boom initially became apparent, the recreational vehic…

Brittany Chang   


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2 mins read

Luxury retail workers earn about $45,000 per year to sell handbags and jewelry that can cost more than their take-home pay

Luxury sales is often touted as a more prestigious profession than general retail, but experts say …

Dominick Reuter   


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2 mins read

Theron Mohamed   


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7 mins read

What's driving an exodus at Deutsche Bank's vaunted credit desk

This week's top stories: Bank of America and Deutsche Bank traders, WeWork vacancies, Neiman's Huds…

Meredith Mazzilli   


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4 mins read

Dominic-Madori Davis   


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2 mins read

Etsy launches wedding registry service for handmade gifts in wake of Bed Bath & Beyond bankruptcy

The retailer reported a massive surge in searches for handmade wedding gifts, up 872% in the last t…

Aaron McDade   


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1 min read

Neiman Marcus just dropped its gift guide for the ultra-rich - and it's as extravagant as ever

The luxury department store just unveiled the 60th edition of its Neiman Marcus Fantasy Gifts, part…

Bethany Biron   


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6 mins read

Vans' parent company is laying off 500 employees. Here's the full list of major retailers making cuts, from Gap to Walmart.

Vans' parent company is the latest to lay off employees. Here are the other major retailers that ha…

Avery Hartmans