• Neiman Marcus weighs bankruptcy as debt, store closures slam retailer

    Neiman Marcus weighs bankruptcy as debt, store closures slam retailer

    Neiman Marcus is reportedly considering bankruptcy as the luxury retailer wrestles with massive debts and coronavirus-related store closures. The Dallas-based company is in discussions with lenders about filing for bankruptcy, which could allow it to keep operating and reduce its debts while it works to cut costs, Bloomberg News reported Monday. Neiman Marcus has not …