Herbert Marcus, his sister Carrie Neiman and her husband Abraham Neiman opened their first clothing store in 1907 in Dallas. Today the company owns 42 Neiman Marcus stores, two Bergdorf Goodman stores and 30 Last Call clearance centers. Today the company is also bankrupt. Join the crowd.
Neiman Marcus advances bankruptcy preparations: sources
Reuters, Apr 3 2020 10:34 AM
Neiman Marcus Group is stepping up preparations to seek bankruptcy protection after the coronavirus pandemic forced the debt-laden luxury department store chain to close its stores, people familiar with the matter said on Thursday. Neiman began holding confidential discussions this week with bondholders about possible financing that would help the company continue operating while under bankruptcy protection. The company has also started similar discussions in recent days with its lenders.
https://in.reuters.com/article/neima...-idINKBN21L2QZ