The bankruptcy raises big questions about Neiman Marcus. From the Dallas Business Journal. Saks Global, parent company of Dallas-based Neiman Marcus, filed for bankruptcy protection late Jan. 13. The ...
Saksoff5th.com, Neiman Marcus Last Call and the "majority" of Saks Off 5th stores are closing. Here's the latest on which locations will be shuttered.
In addition to heavy debt from the Neiman Marcus Group acquisition, Saks Global has struggled with weak sales trends and a difficult retail environment amid a slide in consumer spending on luxury ...