luxury stores

Adam Fagen

Report: Struggling Neiman Marcus Sniffing Around For A Buyer

It looks like peddling $425,000 Oscars-themed luxury packages isn’t doing much for Neiman Marcus’ bottom line: a new report says the luxury department store company, which also owns Bergdorf Goodman, is looking around for potential buyers or an investor with deep pockets, to help it get out from a $5 billion debt load. [More]