Thread regarding Neiman Marcus Group layoffs

Sales down 13 percent

Chainwide..
My sales definitely are down.

Getting rid of many of our buyers without looking at what actually sold has made many of customers have to go online or just say forget it. As we should've had what they wanted. I saw sales at LVMH up here . Yes because they can get the product to you without the hassle . What a novel idea. Meanwhile Bloomingdales sales up 5 percent too. Unreal


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| 611 views | | 2 replies (last October 20) | Reply
Post ID: @OP+1k7ygp07x

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We can all thank Richard Baker, owner of Saks Global, for his excellent skills in the financial industry, for creating this disastrous retail merger. At the same time, he let Hudson’s Bay, a 355-year-old company older than both the US and Canada, go bankrupt.

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Post ID: @fa+1k7ygp07x

I went into Neiman’s in Boston yesterday and was very underwhelmed
Two black tees and a turtleneck was $1,700 people are not spending that kind of money anymore. Those days are gone

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Post ID: @c9+1k7ygp07x

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