The 112 year old luxury department store chain has filed for chapter 11 bankruptcy.
They say that no mass closings are planned.
FILED FOR CHAPTER -11-BANKRUPTCY PROTECTION.THE MOVE ANNOUNCEDTODAY...FOLLOWS THE BANKRUPTCYFILING BY -J-CREW...WHICH BECAME THE FIRST MAJORRETAILER TO REORGANIZE DURINGTHE PANDEMIC.'NEIMAN MARCUS' SAYS - NO MASSCLOSINGS ARE PLANNED.
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