It Begins: Neiman Marcus to File for Bankruptcy As Early as this Week After Government’s Lockdown Orders

Neiman Marcus is the frist major US department store to go bankrupt due to government forced shutdowns of its 43 locations. Many of 14,000 employees were furloughed weeks ago. The Neiman Marcus Group also has two dozen Last Call stores and two Bergdorf Goodman stores in New York. Reuters reported: Neiman Marcus Group is preparing … Continue reading It Begins: Neiman Marcus to File for Bankruptcy As Early as this Week After Government’s Lockdown Orders