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04-20-2020 06:47 PM
I wonder if statistics will be given next year for the small/mom and pop businesses that have failed/will fail in 2020. Businesses that people made from their sweat or took over from their parents, poured their lives into. Gone.
04-20-2020 07:32 PM - edited 04-20-2020 07:42 PM
I shop all the time with Neimans online. I have been in the stores only a few times. I live far from nearest store. I usually find what I need. I notice the last year they have tons of stuff they never seemed to sell before, and at a lower price point. I love Neimans. But am a little sad they parted company with sweet Lady Jane Bakery . The carrot cake is beyond delicious. They have a bakery in SoCal, but I am in NorCal it was our family favorite bday cake. I notice many gourmet vendors have even chiseled out a bit darn. Also, many items are back ordered quite a bit.
04-20-2020 09:31 PM
A bankruptcy doesn't meant why are closing necessarily. It's too early to know how it will play out.
05-09-2020 03:54 PM - edited 05-09-2020 03:55 PM
I got an email from Neiman Marcus yesterday.
They voluntarily filed a Chapter 11 bankruptcy where they will restructure their debt and give it another go.
Nothing will change for it's customers or business operations (including Bergdorf Goodman) and all will continue on as usual. Hope for a long time to come fingers crossed.
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