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
Should I shop at Nieman Marcus?
What is the value proposition of this company? Why should I shop there? Convince me, you invaluable sales people.
Daniel kamensky arrested and charged with fraud on 9/3/2020
And that says it all.....
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
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
Neiman Marcus Closing Hudson Yards and three other stores video
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
Neiman Marcus Leaving Hudson Yards Mall in NY
https://www.cnbc.com/2020/07/24/bankrupt-neiman-marcus-to-vacate-the-hudson-yards-mall-in-new-york.html
Saks is already planning takeover of Palm Beach clients
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
Suggestion for GVR: Give some of your excess to others! Like $3M!
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
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.
Apparently some associates are more “loved” than others!!
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
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....
Read all about our money making $EO! We know who really matters...
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 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
$7 - 10 Million dollars for GVR! Nothing for us! No love. No transparency.
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
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.
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
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
In default on bankruptcy loan
Not good..but wait..they claim they arent...not a wise move by them...
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
Neiman Marcus bites the dust
They are going to become a stronger company after bankruptcy, just like Barney’s and Lord & Taylor did.
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.
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.
Neiman's on life support
Watch Neiman Marcus try to sell $500 face masks. LOL
No full line Neiman Marcus stores are planning to close
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
Neiman Marcus Employees
Polish up your resumes, start putting in applications, NM is on life support
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
All Neiman Marcus/Bergdorf stores will close by July 2020
All Neiman Marcus (full-line), Bergdorf Goodman, and Last Call stores will be shuttered by July 2020.
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?
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