Neiman Marcus files for bankruptcy amid the spread of coronavirus
Bloomberg News
Neiman Marcus files for bankruptcy amid the spread of coronavirus
(Bloomberg)—Neiman Marcus Group Inc., No. 41 in the 2020 Digital Commerce 360 Top 1000, filed for bankruptcy after efforts to manage its crushing debt load unraveled amid the spreading coronavirus pandemic. Creditors will take control of the luxury department store chain, according to plans outlined in a Chapter 11 petition filed in Houston. The move […]