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Neiman Marcus may file for bankruptcy

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Neiman Marcus Group may file for bankruptcy protection as soon as this week, people familiar with the matter told Reuters.

The coronavirus pandemic led the company to temporarily shutter all 43 of its Neiman Marcus locations, roughly two dozen Last Call stores and its two Bergdorf Goodman stores in New York.

The company also has furloughed many of its 14,000 employees.

Read more from Reuters.

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