Retail News

Neiman Marcus skips payment due bondholders

The Dallas Morning News 04/16/2020

Neiman Marcus Group didn’t make its payments on several bonds due on Wednesday, setting the company on a path to either restructure its debt or file for bankruptcy. The bonds held by the luxury department store retailer have grace periods between five and 30 days on payments.

MORE ON THIS STORY...

MORE RETAIL NEWS HEADLINES...

Discussions
Check out RetailWire's Engaging Online Discussions Featuring Our Exclusive Braintrust!