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Neiman Marcus may file for bankruptcy this week

Reuters 04/20/2020

Neiman Marcus Group is making preparations to file for bankruptcy protection as early as this week, according to people familiar with the matter who spoke off-the-record to Reuters. If it goes ahead with a bankruptcy filing, Neiman Marcus will become the first department store operator to do so since the coronavirus pandemic forced state governments to issue social distancing guidelines and stay-at-home orders.

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