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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
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
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
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
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
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
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
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
After a vicious year of bankruptcies, some retailers are still at risk. 13 companies, including Rite Aid, Belk, and Neiman Marcus, could be the next to default.
Rite Aid, Men's Wearhouse, Talbots, and Party City are among those at highest risk of defaulting or…
Natasha Dailey
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
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
Neiman Marcus, J. Crew, and True Religion are among the first US retailers to file for bankruptcy as the pandemic takes its toll. Here's the full list so far.
Many brick and mortar retailers and restaurants that were experiencing troubles heading into the cr…
Mary Hanbury
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
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
A record 46 billion-dollar companies have filed for bankruptcy in the US this year as the pandemic continues to wreak havoc and it's far from over, say experts
Big businesses including JCPenney, Brooks Brothers, and Chesapeake Energy have filed in recent mont…
Theron Mohamed
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
How a luxury e-commerce founder continued a key partnership with Neiman Marcus throughout the pandemic, while leaning into a socially distanced business model
Sarah Davis bootstrapped Fashionphile from 1999 until 2019, when she partnered with Neiman Marcus. …
Dominic-Madori Davis
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
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
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…