YOUR BUSINESS AUTHORITY

Springfield, MO

Log in Subscribe

Neiman Marcus considers bankruptcy

Posted online

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.

Comments

No comments on this story |
Please log in to add your comment
Editors' Pick
Open for Business: Big Dog Deli

Canine-themed Big Dog Deli LLC opened; The Chicas Club got its start; and Burrell Behavioral Health debuted a new clinic in Marshfield.

Most Read
Update cookies preferences