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Luxury Dallas-Based Retailer Neiman Marcus Files for Bankruptcy


Major Dallas based retailer files for bankruptcy here's K. are oldies Andrew Greenstein Neiman Marcus files for chapter eleven bankruptcy protection in the Houston court today now while the covert nineteen pandemic of certainly played a role in the movie former CEO Alan question tells Caro these David Johnson that the retailer has been struggling financially for years that it needs to reorganize its five billion dollar debt their previous problem is that that not necessarily operation although that has suffered in terms of this epidemic option if business is not growing as fast the company is temporarily shuttered all of its forty three Neiman Marcus locations as well as about two dozen last call stores and it's to Bergdorf Goodman stores about fourteen thousand workers have been furloughed

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