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
Topics regarding layoffs at Neiman Marcus Group
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
I know very little about the bankruptcy procedure and searching online has only managed to confuse me further. Can somebody here please just explain to me what does this mean for severance? Will this affect it in any way? Will anybody receive... — read more
All Neiman Marcus (full-line), Bergdorf Goodman, and Last Call stores will be shuttered by July 2020.
I know when some retail stores file bankruptcy they remain open, does anyone think they will shutter like Barney's?
Nice article today in the news, two years on the job he is getting credit for manicures and shoe repair. They forgot to mention the bonuses for his masters for taking costs out, and who could never forget his waiving of his salary for the whole... — read more
I worked at the Houston Galleria location until 2018, Very difficult to make sales, typical customer would look, but then leave empty handed, I was trying to sell Brunello Cucinelli $2,000 sweaters, very tough.
Yes, they will be closing stores, both last call and full line stores by the end of 2020, that is correct, Just a handful of stores will be left, only in major cities/luxury tourist destinations (I.e Beverly Hills or Hudson Yards, Las Vegas), so that... — read more
Neiman Marcus dead at 113
I heard from a very good source at NM that along with its last call stores, they are planning on shuttering all the full price locations except Beverly Hills, Bal Barbour, New York City, Dallas Downtown and Las Vegas....by 2021...
Hearing how its not safe their from covid 19..It hasnt made media...yet.... Please stay safe and share any stories or contact me on FB cause they Unfortunately s—..thanks
Neiman’s is totally out of reach for most people, but if you’re a multi- millionaire than $2,000 for some shoes is like someone making $80,000 a year buying $75 pair of shoes, just because you can’t afford something does not make it overpriced. The... — read more
Neiman Marcus is selling Fendi Flip-Flops for $700? no wonder they are going bankrupt.
It is now time to join Bonwit Teller,Barneys,and fredericks of Hollywood in the retail hall of shame. What is the over- price purpose of these stores. Nothing anymore. Sad for the real workers, disgusted by top management. Be happy that you did... — read more
The letter hits today about the layoffs the Pandemic and the typical HR Blah Blah Blah, like everything was just peachy a couple of months ago. This guy is giving up some salary, that guy is giving up some salary and the big guy is foregoing his... — read more
I had a good laugh at the Boston store a pair of hideous women’s Gucci heels were on “sale” for $1,100 normally $1,895. Who buys this c-ap?