The Neiman Marcus Group, Inc.

News and overview for The Neiman Marcus Group, Inc.

Shoppers With Money in Hand Find Less Luxury to Buy at Saks, Neiman Stores
Bloomberg | 47 days 16 hours 14 minutes ago
Oct. 8 (Bloomberg) -- Jennifer Prentice spent half of what she usually does when she and a friend shopped at Neiman Marcus Group Inc., Saks Inc. and Nordstrom Inc. stores on a recent business trip to San Francisco. They weren't cutting back. They just didn't find much to buy.


Neiman Marcus scales back luxury in Christmas Book
Richmond Times-Dispatch (Va.) | 47 days 22 hours 58 minutes ago
With even super-affluent shoppers tightening their Gucci belts, luxury retailer Neiman Marcus Group Inc.


The big list: October results at 30 major retailers
Orlando Sentinel (Fla.) | 19 days 4 hours 24 minutes ago
How October sales at 30 chains compared with October 2008:


October results at 30 major retailers
Fort Worth Star-Telegram (Texas) | 19 days 3 hours 35 minutes ago
The Associated Press How October sales at 30 chains compared with October 2008: - Discount stores BJ's Wholesale Club Inc.


Retailers Pin Hopes on Gift Cards To Win Over Reluctant Shoppers
Wall Street Journal, The | 43 days 1 hour 1 minute ago
Retailers are turning to new gift-card gimmicks as they try to lure shoppers into their all-too-empty stores and increase holiday sales to recession-scarred consumers.


Retailers Turn to Gift-Card Promotions to Lure Reluctant Buyers, Boost Spending
Wall Street Journal, The | 43 days 4 minutes ago
GIFTCARDS] Contra Costa Times/Zuma Press Gift cards now double as toys and store promotions. A shopper checks out a card rack in California in 2007.


Department store sales comparisons for October
CNBC | 19 days 5 hours 37 minutes ago
NEW YORK - Summary of sales at stores open at least a year in October for department-store chains, with percentage increase or decrease over the same month last year.


A.R.E. Announces 2009-2010 Retail Council
Progressive Grocer | 22 days 10 hours 34 minutes ago
Hollywood, Fla.-based The Association for Retail Environments (A.R.E.) announced its council of retail advisers for the new year.


October Retail Sales Expected to Show Gains
Wall Street Journal, The | 20 days 11 hours 55 minutes ago
Retailers are reporting some encouraging trends from October as they head into the holiday shopping season.


Chain-Store Executives Report 'Momentum' as Shoppers Return; Aggressive Promotions Are Dialed Back
Wall Street Journal, The | 20 days 21 hours 12 minutes ago
Retailers are reporting some encouraging trends from October as they head into the holiday shopping season.


NOVEMBER 4, 2009, 2:53 A.M. ET October Retail Sales Expected to Show Gains Chain-Store Executives Report 'Momentum' as Shoppers Return; Aggressive Promotions Are Dialed Back
Barron's (subscription required) | 20 days 18 hours 41 minutes ago
Retailers are reporting some encouraging trends from October as they head into the holiday shopping season.


Department store sales comparisons for September
CNBC | 47 days 12 hours 40 minutes ago
NEW YORK - Summary of sales at stores open at least a year in September for department chains, with percentage increase or decrease over the same month last year.


Corus Sale May Be Model as Funds Target Failed Banks for Distressed Assets
Bloomberg | 47 days 7 hours 4 minutes ago
Oct. 8 (Bloomberg) -- Starwood Capital Group LLC and TPG's agreement to buy $4.5 billion of Corus Bankshares Inc.'s real estate assets shows investors are ready to bet on distressed property -- as long as the U.S. helps finance the deals.


The Week In Private Equity: You Give Div Recaps A Bad Name
Wall Street Journal, The | 46 days 4 hours 6 minutes ago
This week in private equity, the industry was more scandal-filled than a Super Bowl halftime show with Janet Jackson.


Retail sales comparisons for September
Yahoo! | 46 days 22 hours 35 minutes ago
Here are comparisons of how major stores in four key areas of retailing fared in September compared with a year earlier.





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Company Overview


Company: The Neiman Marcus Group, Inc.
Industry: Department Stores
Website: http://www.neimanmarcus.com

Not for the faint of finances, Neiman Marcus department stores offer high-fashion, high-quality women's and men's apparel (from such labels as Chanel and Prada), shoes and accessories, fine jewelry, china, crystal, and silver. The Neiman Marcus Group operates some 40 Neiman Marcus stores in some 20 states and the District of Columbia, as well as two Bergdorf Goodman stores in New York City and some 30 Last-Call clearance centers that sell marked-down goods. Its mail-order business, Neiman Marcus Direct, distributes catalogs (which offer apparel, home furnishings, and gourmet foods) under the Neiman Marcus By Mail and Horchow names. The upscale retailer is owned by a pair of private equity firms.


Key Numbers

Sales in U.S. Dollars (mil.) 4,600.5 (2008)
One-year % Growth in Sales 4.8 (2008)
Net Income in U.S. Dollars (mil.) 0 ()
One-year % Growth in Net Income 0.0 ()
Number of Employees 18,000 (2008)
One-year % Growth in Number of Employees 0.6 (2008)
Fiscal Year-End July