Imagine you get a delivery to your house that you weren’t expecting. Not only is it something you didn’t order, but it’s a very expensive something — almost $40,000 worth of Chanel purses from Neiman Marcus. What would you do? [More]
neiman marcus
Surprise Delivery From Neiman Marcus: $40K Worth Of Purses You Didn’t Order
By 6.23.17 — Updated: 6.26.17
Never Mind: Neiman Marcus Isn’t For Sale Anymore
By 6.13.17
Upscale department store Neiman Marcus has been the subject of takeover talks for at least a year, with recent rumors claiming that the company could soon fall under the same corporate umbrella as Saks Fifth Avenue, Lord & Taylor, and Gilt. Alas, Neiman Marcus has decided to remain single for now. [More]
Bad News For Neiman Marcus: Rich People Are Bargain-Hunting Online, Using Purses For Multiple Years
By 4.17.17
Why is the high-end department store Neiman Marcus reportedly restructuring its debt and maybe even seeking a buyer? It turns out that catering to very rich people isn’t a guaranteed way to keep money coming in, since even rich people are turning to online bargain-hunting. [More]
Neiman Marcus Agrees To Pay $1.6M To Settle 2013 Data Breach Class Action Lawsuit
By 3.20.17 — Updated: 5.10.17
Three years after Neiman Marcus disclosed that it had become the victim of a hack attack in 2013, exposing the credit card information of more than 350,000 customers, the upscale retailer has reached a $1.6 million settlement in the subsequent class action lawsuit. [More]
Report: Hudson’s Bay In Talks To Buy Neiman Marcus
By 3.14.17
A month after Saks Fifth Avenue and Gilt parent company Hudson’s Bay was reported to be sniffing around Macy’s, the high-end retail giant is now apparently moving on to more luxurious pastures, with news that it is considering a purchase of newly available Neiman Marcus. [More]
Report: Neiman Marcus Hires Investment Firm To Explore Debt Restructuring
By 3.6.17
Nearly a year after rumors began swirling that Neiman Marcus was in the market for a buyer in order to get out from a $5 billion debt load, the luxury department store has reportedly hired an investment bank to boost its bottom line. [More]
Neiman Marcus CEO Denies Reports She’s Stepping Down
By 8.3.16
There have been several rumors circulating in the retail world recently when it comes to Neiman Marcus: the company is looking for a buyer, or that Karen Katz, the retailer’s top executive, is headed for the exit. However, Katz has publicly declared that, contrary to the whispers, she’s not going anywhere. [More]
Report: Struggling Neiman Marcus Sniffing Around For A Buyer
By 6.20.16
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]
Neiman Marcus, Nordstrom & Other Retailers Trying Out Smart Fitting Room Mirrors
By 5.11.15
Calling your friend into the fitting to ask how an outfit looks might soon be replaced by simply asking the mirror on the wall. Retailers like Neiman Marcus and Nordstrom, among others, are testing “smart” fitting room mirrors that not only suggest adding say, a statement necklace to that ensemble you’re trying on, but also get to collect information about your shopping habits much like online sites do. [More]
Report: Uber Testing Same-Day Delivery For Retailers
By 4.29.15
Not content to ferry passengers, packages and food, Uber is reportedly casting its net in the pool of merchant delivery, by taking advantage of both its drivers and its UberRUSH courier service to connect online shoppers with their goods the same day they order them from popular retailers. [More]
Neiman Marcus Accused Of Continuing To Sell “Faux Fur” Products Containing Real Fur
By 4.14.15
Two years ago, Neiman Marcus and two other retailers settled a Federal Trade Commission complaint that they had sold “faux fur” products on their websites that contained actual animal fur. As part of that agreement, the upscale department store was permanently enjoined from “falsely or deceptively advertising any fur product by misrepresenting or failing to disclose that the fur in any fur product is faux or fake.” However, a new petition filed with the FTC alleges the Neiman Marcus has continued to sell products that appear to violate this agreement. [More]
Neiman Marcus Fantasy Gift List Features $425K Trip To The Oscars (Well, An Oscars Party)
By 10.8.14
You’ve been staring at that pile of money in your money room forever, it feels like, and George Clooney simply refuses to answer your calls. What’s someone with a hefty lump of cash supposed to buy for the loved one who has everything? If you’ve got $425,000 to spare, you could give the gift of a trip to the Oscars from Neiman Marcus. Or at least, you can get in the vicinity of the Oscars and play dress-up. [More]
Visa, MasterCard To End Swipe-And-Sign By 2015
By 2.7.14
Goodbye credit card signatures and hello PIN numbers. In a move that could better protect consumers from massive security breaches, major credit card companies are looking to implement a chip-and-PIN system instead of the tired and true swipe-and-sign method used across the country. [More]
FBI Warns Stores To Prepare For More Credit Card Hacks
By 1.24.14
The recent malware attacks on payment systems at Target and Neiman Marcus may be getting all the headlines, but they weren’t the first such breaches, and they won’t be the last. This week, the FBI issued a warning to retailers, telling them to prepare for the inevitable hack attempts to come. [More]
Report: More Holiday Credit Card Breaches To Be Revealed
By 1.13.14
It’s bad enough that some 110 million Target customers may have had their credit card info stolen, or that some Neiman Marcus shoppers are falling victim to ID theft following a data breach. A new report says there are a few other retailers waiting to reveal the bad news that they too were victims of credit card hackers. [More]
Credit Card Hackers Go Upscale, Steal Neiman Marcus Customers’ Info
By 1.11.14
If you live under the delusion that paying too much at the department store would somehow result in a higher level of security, prepare to have your mind blown. The folks at upscale retailer Neiman Marcus have revealed that hackers compromised credit and debit card information for an unknown number of customers. [More]
Neiman Marcus, Other Retailers, Settle Charges Of Selling Fake Fur That Contained Actual Fur
By 3.19.13
There are a lot of people out there who like the look and feel of fur, but have a problem with the idea of actually wearing it. That’s why there is faux fur. But what’s the point of going faux when some retailers don’t divulge that a fake fur product might indeed be the real deal? [More]
Target & Neiman Marcus Jumping Into Bed Together For Holiday Designer Hullabaloo
By 7.10.12
If you’re into getting designer goods at decidedly un-designer prices, you might be familiar with the crazed rush that inevitably ensues at Target stores across the country when the retailer offers a special line of designer products. Starting in December, you can expect that stampede to turn into a full-on riot parade, as Target and luxury retailer Neiman Marcus have announced a new partnership to offer 24 designers in a limited holiday collection. [More]
