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Neiman Marcus is likely just the start: Analysts expect 100,000 stores to close by 2025

Neiman Marcus is likely just the start: Analysts expect 100,000 stores to close by 2025

Apr 21, 2020 | News, Retailers

Published: April 21, 2020 at 7:45 a.m. ET By Tonya Garcia Many retailers have shuttered their stores amid the COVID-19 outbreak. UBS analysts think a lot of stores will remain shuttered for good over the coming years. Analysts forecast 100,000 stores will close by...
Neiman Marcus Prepares For Possible Bankruptcy After Stores Shutter

Neiman Marcus Prepares For Possible Bankruptcy After Stores Shutter

Apr 3, 2020 | Bankruptcy

By PYMNTS Posted on April 3, 2020   With the COVID-19 pandemic causing it to shutter its stores, Neiman Marcus Group is increasing preparations to ask for bankruptcy protection. The luxury department store retailer reportedly started having private discussions...

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