https://nypost.com/2023/08/28/neiman-marcus-in-talks-to-merge-with-luxury-archrival-saks-fifth-avenue-sources/
FarFetch numbers falling short. Sounds familiar. GVR will still get paid though😂
Farfetch Limited (NYSE:FTCH) shares plummeted more than 32% after-hours following the company’s reported Q2 results, with revenue of $579.35 million (down 1.3% year-over-year) coming in worse than the consensus estimate of $648.27M. EPS came in at... — read more
I thought we had data analysts for a long time…throws every merchant analyst under the bus. Typical.
The company said that merchants will be more focused on customer data and insights, and that it has formed a marketing strategy and customer analytics team. “In this new operating model, we are going to pivot to buying for the right audience—the... — read more
Neiman Marcus restructures corporate ranks in second layoff of 2023
Neiman Marcus is restructuring its corporate ranks and said Thursday that it is eliminating some redundant positions that will result in layoffs. The job cuts represent less than 1% of its 9,000-employee workforce, the company said, and follow a... — read more
Layoffs?
Any word if the company is doing any layoffs? It’s the beginning of the fiscal year and I’m just curious.
Newport Beach Neiman’s Robbery
Two suspects in custody for attempting to steal nearly $60,000 worth of Luis Vuitton handbags at Newport Beach Neiman Marcus.
Kartrashians
Eww just saw on another page we are promoting their junk...yuck .. I saw the link, Looks like bad wannabe 70s disco junk. Weren't they at Sears before with their clothes? Just foul and not what our customers want. Make sure your customers avoid... — read more
Stores got almost no customers
I thought Saturday was to make money ..not here it seems . They have reduced hours too..
2nd round of layoffs…
layoffs happened again but no mention of it in the townhall …. now announcement of another leadership restructure
human resources ready to fire you.
Complete liars..They falsify records against you..Keep your own records. Videotape is good too.. Imagine being paid to be a liar .That's their job... Consider your self warned as expenses are cut... get your benefits as they acrue...They will claim... — read more
Returns gotten worse
Besides losing our customer service agents. Noticed more returns..swear they are wearing it once . Then bring it back in.claim.it wasn't touched Especially the younger set. My sales near the negative through no fault of my own.. Sales at my store... — read more
Spam
Just saw on Neiman Marcus sucks page how much we send out... No wonder so many don't want to clienteled ..800 to 1500 or more emails a year... I know Saks and Nordstrom send nowhere as near as much .not sure bout Bloomingdales... Macy's probably... — read more
New axes
Further cuts may include reducing our diminished benefits. As well as retorque of commission... They do not care if many leave as it will save them money... This company is such a train wreck... Updating resume as I type this. This board is... — read more
Now supposedly they wanna dump the company
As sales keep declining.... Or maybe just get rid of Bergdorf which is a known drag. ... — read more
Darcy Marcy pennick is a joke
So for the thousands that stuff costs at Bergdorf division they use Neiman to ship things...that's where it gets messy..She's from Amazon and shopbop that doesn't have that issue She just got supposed more responsibilities for good... — read more
Less than 1% of the US Population can truly afford to shop at Neiman Marcus
$1,200 for Prada shoes? $10,000 for a Chanel bag? $2,500 for an Stefano Ricci sweater? who can really afford those prices? well as it turns out, VERY VERY few people...less than 1% by a gallup poll. So if 2,000 people walk in a Neiman Marcus, only... — read more
Stupid decisions
Neiman Marcus is a textbook example of how to alienate both existing customers and potential customers with stupid decisions. I'm thinking this company will not last much longer. If you are smart, you are already looking for a new job. And if you are... — read more
He hated dallas
So the Dallas morning news wrote 3 articles yesterday for their friend. The money losing paper can't stop slobbering all over him.. When they finally go under it won't be because Maria Halkias wrote real journalism... He's going to New York..claims... — read more
Frustrated with all the mess here
I'm trying not to care too much anymore and devote myself mostly to looking for a new job, but it's still frustrating how the leadership doesn't do anything to fix this mess. Do they even know what they are doing? Have they totally lost control... — read more
NASCAR..really
Desperate for business we did a nascar promo.. so totally not the supposed upscale image we try to convey.
Sales drastically down
Since we tried even less pricey merchandise.. The amount of customers clearly is way down... My stores sales are down six percent is what I am hearing... Anyone else have access to sales figures..
Millerknoll CEO is just like our CEO: She made sure she was paid!
Leave pity city,' MillerKnoll CEO tells staff who asked whether they'd lose bonuses.
We still don't know our own inventory
Firing and gutting our IT dept and sending it to Bangalore has worked wonders. The hundreds of complaints including from our longtime customers that online is thoroughly pathetic continue
Only so much exclusives
As we lose our customer base.yes the rich have money.. Majority of what we have can be bought way less elsewhere ..even my rich clients at a certain point do not want to waste more money .. I see them ignore suggestions to spend less.. everyone at... — read more
When (soon, we hope!) GVR leaves - he will get the same reaction like Jeff has at Macys:
Finally! Goodbye to bad rubbish. This man did not have a clue on how to run this company. He Rode the successes his predecessors laid before him and when that momentum ran out and this company needed proper leadership, he utterly failed to provide... — read more
We sell sweat shop clothes
Looked online almost nobody covered this ..So much for a press protecting people like they claim ... Saks got busted years ago for the same and it made the rounds. Raemdonck must be smiling .What don't they cover up for him?
EXPENSE ACCOUNT receipts leaked out
Seven nights at Four Seasons Hotel, Miami, Florida. $16,340 Dinner for six at ritz Carlton Dallas $1,126 Dry cleaning for 37 suits $743.20 Three nights in luxury suite at The Peninsula Hotel Chicago $8,100 Fourteen nights at Mansion on Turtle... — read more
Neiman Marcus Beverly Hills loosing employees to Saks
In the last month, Neiman Marcus Beverly Hills has lost sixteen employees to Saks Fifth Avenue and Bloomingdales . Just something to think about.
Women's History Month. In honor of all those senior leaders who have been hired and then let go by GVR. We remember!
We haven't been keeping a running score but off the top of our heads - No Names - not all inclusive as this is women only and am sure we're missing some. Hired, dismissed or just left under GVR: 2 SVP stores - he hired them both. 2 Heads of... — read more