YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
Neiman Marcus Group Inc. is considering filing for bankruptcy, people familiar with the matter told Bloomberg.
The retailer reportedly is struggling to pay down its $4.3 billion debt load.
The sources said Neiman Marcus has held initial talks with lenders about a bankruptcy loan that would keep the company operational as it builds a recovery plan.
Read more from Bloomberg.
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