Neiman Marcus files for Chapter 11


Neiman Marcus files for Chapter 11

US department store chain Neiman Marcus has filed for Chapter 11 bankruptcy protection amidst plans to restructure its business. This is yet a further sign of the falling popularity of the department store in a market which is suffering not only from several years of diminishing store footfall but the impact of store closures forced by Covid-19.

Share

Twitter Facebook LinkedIn WhatsApp

Related News


Sign up to receive our newsletter