Thread regarding Neiman Marcus Group layoffs

What’s everyone’s take?

Curious about what everyone thinks needs to change to right the direction we are headed towards? Personally, I think we need new management that is able to think long term and to plan accordingly towards those goals. Closings and cuts can only affect short-term change that ends up hurting the company in the end.

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Post ID: @OP+1bcph943

6 replies (most recent on top)

They said if you are not growing you are dying. Neiman Markus is everything but growing.Reality is Neiman’s is publicly known as a bankrupt retailer and it will be like that until it is SOLD. GVR and gang are already sold everything: buildings, corporates arts, reputation.It is one more thing still to sell : A brand, name Neiman Markus that it’s. They said financially they are in great shape.That’s only because they get rid of thousands employees and that’s temporary money. They are not making moneys on merchandise sales that they can invest.

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Post ID: @Sprs+1bcph943

Too bad the man who spoke during today’s Pride celebration is not the man who comes to work and leads our company. GVr is not a courageous man. GVR does not lead with love or all heart.

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Post ID: @4eqm+1bcph943

We have a very bad reputation in the retail community. We're no longer considered the cream. It's not due to bankruptcy. Most understand the debt burden. It's due to the leadership. Not a true fashion leader on our team. Our CEO, chief merchant and David were all "hire and hope they can make it" types. And none of them have. All of them were questionable hires within the industry. Now the merchant team has been gutted. The store team needs direction. Can we bring back the idea that we're supposed to be leaders in the industry? And find a CEO who pays more attention to the business instead of the public image?

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Post ID: @3ycl+1bcph943

Oh maybe giving reasonable goals and getting rid of MPS. Might be nice not to feel like you have a g-n to your head every day. Treating hard-working people in the trenches with more respect might help too. I'm just saying, people work how they are paid AND treated.

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Post ID: @3xin+1bcph943

We have a bad reputation in the retail community and it’s only getting worse. I don’t know the answer.

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Post ID: @1akg+1bcph943

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