Topics regarding layoffs at Neiman Marcus Group

Topics regarding layoffs at Neiman Marcus Group

New Layoffs happened again!

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 

How the mighty have fallen

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 

2 more toast

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...

Shocked by clientele at Atlanta store

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.

NM Severance package update

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

Last Call in Miami shut down yesterday

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

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Post ID: @OP+16Bvk4qp

Chevy chase mazza Gallerie is toast

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 

Neiman’s Hudson yards never made sense to me

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

BOARD

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.

4 stores to close ?

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....

The Big Boy Taking Care Of Himself

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 

Neiman Marcus 1907-2020

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 

Neiman Marcus Toilet Child Becomes Office Space

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.

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Post ID: @OP+15uPmn1u

Office Space 😂

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 

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Post ID: @OP+15ueHnhz

July 8th..this is the big one Elizabeth

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 

GREED

They made a movie about this POS company and those who run/ran it. 😉 https://m.imdb.com/title/tt8972256/ ENJOY!

Neimans and Saks wont merge

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

Bankrupt

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.

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Post ID: @OP+14Q5cado

This is not good

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’s is stuck in the past

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.

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Post ID: @OP+14GkHvyy

Neiman Marcus Employees

Polish up your resumes, start putting in applications, NM is on life support

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Post ID: @OP+14zntDaV

What does this mean for severances?

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 

Will they close stores or stay open?

I know when some retail stores file bankruptcy they remain open, does anyone think they will shutter like Barney's?

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Post ID: @OP+14yM45V1

Manicures, Shoe Repair?

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 

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