Retail News

Neiman Marcus doesn’t answer question about closing store at Hudson Yards

The Dallas Morning News 06/22/2020

A Women’s Wear Daily report quoting an unnamed source claimed that Neiman Marcus is looking to abandon its new three-level, 188,000-square-foot store in New York’s Hudson Yards. “Our restructuring plan is focused on alleviating our debt load. We are confident in the performance of our overall store footprint,” Neiman Marcus said in a statement. “That said, we always assess our stores based on our footprint to ensure it is optimal to enhance revenues and overall profitability, as well as how each store can best support our omnichannel strategy.”

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