Neiman Marcus... three consecutive quarters of sales dips.
Dallas Business Journal Reports ... "Last week, North Texas' fourth-largest private company by revenue reported third-quarter fiscal year 2016 sales of $1.17 billion, a 4.2 percent decrease "
New York Post Reports ... "Struggling under a toxic combination of a staggering $5 billion debt load and flagging sales, Chief Executive Karen Katz traveled recently to China to meet with potential buyers, according to a source familiar with the situation.
USATODAY-Cincinnati Reports ... "Online spending for Thanksgiving and black Friday increased about 18 percent from last year. Spending in brick-and-mortar stores dropped about 10 percent for the same period. That has been a continuing trend for many years."
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