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Retail

Neiman Marcus Group, ravaged by COVID-19 lockdown, to furlough or cut salaries of most employees

April 1, 2020

Bergdorf Goodman is taking a stronger stance on digital. Image credit: Bergdorf Goodman

 

By Luxury Daily News Service

Most of the employees of U.S. department store chain Neiman Marcus Group will be put on furlough or face temporary cuts in their salaries as the COVID-19 coronavirus-induced lockdown takes its toll on retailers.

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