Neiman Marcus reportedly considering alternative to IPO

Neiman Marcus has reportedly asked interested suitors to submit buyout bids for the department store by next week, as the upscale retailer's owners explore exit strategy options, sources said. The private equity firms that bought the retailer for $4.9 billion in 2005 now value Neiman at about $6 billion. They're expected to evaluate offers until December, before moving forward with either a sale or an initial public offering.

View Full Article in:

Wall Street Journal (tiered subscription model), The

Published in Brief:

SmartBrief Job Listings for Retail

Job Title Company Location
Executive Director of Finance
URBN, Inc.
Philadelphia, Pennsylvania
Branch Manager
Behler-Young Company
Livonia, MI
District Manager
Logistics Administrator (Engine Planner)
Honda Power Equipment
Alpharetta, GA
Ralph Lauren
New York, New York