Neiman Marcus Filing Bankruptcy

Really awful considering they just opened a giant store in NYC. That whole mall/The Vessel was a horrible idea.

The mall at the Vessel seems like a terrible idea for luxury/high end unless they think they can solely depend on tourist.

Not to mention that I know quite a few people who open that location and started as "stylist" with extensive client books and said the buy for NYC was really bad. That store has bad turnover because the associates are not making money.
 

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