You are browsing the archive for -.

Neiman Marcus Posts Profit, As Sales Improve

Posted on: March 9, 2010 by PEHub AdministratorNo Comments »

NEW YORK (Reuters) – Neiman Marcus Inc. reported a quarterly profit on Tuesday as shoppers returned to its upscale department stores over the holidays and the retailer avoided profit-eating discounts by keeping inventories low. The privately held chain, which reported losses a year earlier, also received a lift from its online and catalog Neiman Marcus [...]

Neiman Marcus Profits Fall, Sees Lasting Slowdown

Posted on: December 9, 2009 by PEHub AdministratorNo Comments »

NEW YORK (Reuters) – Upscale retailer Neiman Marcus Inc reported sharply lower quarterly profit as worried consumers continued to avoid luxury items amid a slowdown the company expects will last for some time. Sales at its namesake Neiman Marcus and Bergdorf Goodman stores open for at least a year, or same-store sales, continued to fall, [...]