From KERA:
The luxury retailer Neiman Marcus could soon declare bankruptcy, according to media reports. It has already temporarily closed its stores and furloughed many employees during the COVID-19 outbreak.
As one former Neiman Marcus executive put it, the epidemic has contributed to the company’s struggles, but is not the cause.
If you found the reporting above valuable, please consider making a donation here. Your gift helps pay for everything you find on texasstandard.org and KERA. Thanks for donating today.