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Retail

Neiman Marcus Group to shut off-price stores, slash 750 jobs and unify ecommerce and in-store teams

March 12, 2020

Chanel's spring/summer 2020 collection glasses selling at Neiman Marcus. Image credit: Neiman Marcus Chanel's spring/summer 2020 collection glasses selling at Neiman Marcus. Image credit: Neiman Marcus

 

By Luxury Daily News Service

In yet another change afflicting luxury retail, U.S. department store giant Neiman Marcus Group is revamping its operations, including shuttering its off-price business, merging in-store and online teams and selling off two distribution centers in Texas.

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  1. Dior, Rizzoli to release book on Lady Art project
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  3. In conversation with Hong Kong property and hotel mogul Adrian Cheng
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  5. Brioni launches anniversary capsule at Bergdorf Goodman
  6. Off the Cuff: A Q&A with McLaren's Nicolas Brown
  7. Louis Vuitton introduces Visionary Journeys Seoul
  8. Dior dives into French Riviera with escapist fragrance
  9. Longchamp x Robert Indiana tributes 'Love' sculpture artist
  10. Hermès showcases the surreal for spring campaign
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