The CEO's $10 million mansion was featured in "paper city" a luxury living magazine catering to the top 1%. This is just as Neiman Marcus employees are being laid off and asked to repay their health insurance costs. Full article in NY post on... — read more
Topics regarding layoffs at Neiman Marcus Group
Is anyone hearing any updates on the future of white plains Neman Marcus?
Just saw the starting body bag count on facebook neiman marcus s—s page.. Regional managers. Food service.. any managers making over 50 k a year or maxed out in their dept salary. White Plains which was a ghost town in question. Plus... — read more
The luxury department store Neiman Marcus says there will be a mass layoffs at its Ala Moana Center location. The layoffs, which are expected to be permanent, are a result of the coronavirus pandemic, the company... — read more
More layoffs across stores happened today. This time mostly amongst managers. So sad to read while executives and board members take in million dollar bonuses, the people who are truly running the stores are being fired. They need to put that money... — read more
What was once a great company - where the name alone brought to mind luxury and fashion merchandise - is now disintegrating before our very eyes. There seemed to be too many issues to correct, from lack of support needed by upper management to very... — read more
What is the value proposition of this company? Why should I shop there? Convince me, you invaluable sales people.
And that says it all.....
Now walnut creek and natick....that makes 7 stores Excluding last calls circling rhe commode...up to 6 more full line will close..just saw thus on facebook... And dallas morning news just ran it too...
the Neiman Marcus store in Atlanta is being taken over by ghetto thugs, especially on weekends. I was asked for money in parking lot, be very careful, especially ladies alone.
To the fellow NM employees that have been affected by the store closures or have been laid off, have your severance packages been impacted negatively? and what severance package are they currently offering? Thanks
This Last Call location in Miami shutdown for good yesterday. It was on the original list of 17 last call closures, but now its officially closed. https://www.lastcall.com/stores/miami/fl/dolphin%20mall
Just saw online that one bites the dust too..its sales went from 70 million to less than 25 million...another down the drain..neiman marcus s—s on facebook and now dallas morning news reported it...A few more may close. Natick..tampa and st louis... — read more
Every time I would go into the Hudson yards location, I would see sales staff just standing around talking. Never saw anyone at the register buying anything, the one time I asked the price of a plain black duffle bag it was $5,000
If anyone wants to watch a video about the Neiman Marcus Store Closing Hudson Yards and three other locations please copy and paste the link here: https://www.youtube.com/watch?v=n0k-tjizI4g&feature=youtu.be It is certainly a loss since this was... — read more
Palm Beach Neiman Marcus clients will not drive to Boca to shop. This will be an easy takeover for Saks Palm beach and possibly even palm beach gardens Saks which is about a 15 minute drive. Saks management is already holding meetings with staff... — read more
It’s been an embarrassing week for Neiman Marcus - the press is all over us for the bonus payments yet our leader doesn’t seem to think there is anything wrong with him collecting $3M in September when we get out of bankruptcy. The pride of working... — read more
Did this place have a Board of directors that GMan reported to or was he the Board also. After reading the Post article I really wonder if the Board was made up of 2/4s nailed to the seats purchased at a Lowe’s or a Home Depot.
Some returning associates are getting “relief pay” PLUS their FULL commission while others are making previous hourly plus 3% commissions, all while doing equal work in same conditions. Also, apparently some “loved” associates were “loved” so much... — read more
Listed for lease seattle .walnut creek. Palm beach... And the D.C store which has bern a wreck for years Just saw the news release....
A recap from today's New York Post and Dallas Morning News about our leader who loves us and asks us to make sacrifices like little or no salary increases. Let's do this together he says....not feeling it. But he is: He has a 50% salary increase in... — read more
The bankruptcy news and notes are now being made public, it appears the captain of the ship who continually over the last two years could not avoid icebergs, made sure his bonus treasure never was not in his personal quarters. He is up to about 5... — read more
The filings for bankruptcy are long and bulky - but guess what has been public information? Hidden away? Geoffroy received a $4 Million bonus in February! look at pages 297-298 of document 950... — read more
I honestly don’t know how Neiman Marcus stays in business, I’m surprised all the stores don’t close. the market for $1,000 shoes and shirts very slim, obviously people are not buying high end luxury now, and the few that do are not enough to sustain... — read more
Adios Amigos! ✌🏻 https://nypost.com/2020/06/09/neiman-marcus-store-at-hudson-yards-is-being-shopped-as-office-space/ Neimans has more nails in its coffin than Willi Maier of Vienna could hammer in a week.
Not only do the employees loathe this company like the movie Office Space, the future of this company or the husk that’s left when it finishes dying a slow and painful death here shortly, is, well, once again, Office Space! 😂😂😂 I’m sure the C-Wing... — read more
Not to borrow from Fred Sanford.. Thats. The day they have to have their bankruptcy filing plan So which stores close? Guesses are Natick .st louis. Flagship. Ft lauderdale .honolulu. Tampa. And troy michigan...also bellevue.... This... — read more
Not good..but wait..they claim they arent...not a wise move by them...
They made a movie about this POS company and those who run/ran it. 😉 https://m.imdb.com/title/tt8972256/ ENJOY!
The press will post this ignorant narrative..it wont happen..if it does Neimans entire board thrown out...darned.. Couldn't happen to more worthy people..Karen Katz ran company into ground..Raemdonck can't fix it
They are going to become a stronger company after bankruptcy, just like Barney’s and Lord & Taylor did.
It just happened....https://www.google.com/url?sa=t&source=web&rct=j&url=https://amp.cnn.com/cnn/2020/05/07/business/neiman-marcus-bankruptcy/index.html&ved=2ahUKEwj8nsTNgaLpAhVPh-AKHX9NAc0Q0PADegQIChAU&usg=AOvVaw2-vZbigVwEDBdKOPtvuPei.
No matter what they say, the longer this lasts the higher the chance is that some of the stores - if not all of them - will never reopen. The situation was bad here as it is, the pandemic seems to be just the final nail in the coffin. I think... — read more
Neiman Marcus has always reminded me of the 1980s, excess, glitzy, I was living in Hollywood at that them and would go into the Beverly Hills store, it has not changed much in 35 years.
Watch Neiman Marcus try to sell $500 face masks. LOL
https://www.google.com/amp/s/www.cnbc.com/amp/2020/04/24/neiman-marcus-eyes-sunday-bankruptcy-filing-600-million-emergency-funding.html Neiman Marcus will close most of its last call stores during bankruptcy but plans to keep all of its 43 full... — read more
Polish up your resumes, start putting in applications, NM is on life support