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Neiman Marcus

Neiman Marcus CEO addresses speculation that the company will open in Canada

Neiman Marcus CEO Karen Katz has addressed speculation that her company will open stores in Canada. Readers may recall that Neiman Marcus was bought by The Canada Pension Plan Investment Board and Ares Management in September 2013.  Given the Canadian connection,...

NEIMAN MARCUS NOT LIKELY TO OPEN IN CANADA, DESPITE NEW CANADIAN OWNERSHIP

Yesterday, Neiman Marcus was sold to the Canadian Pension Plan (CPP) Investment Board and American private equity partner Ares Management LLC  (they acquired majority ownership of Neiman's for about $6 billion).

HOLT RENFREW STORES NOW SIMILAR IN SIZE TO NEIMAN MARCUS STORES

Holt Renfrew's "new generation" stores will be in excess of 120,000 square feet, making them similar in size to or even larger than recently opened Neiman Marcus stores. We are providing a comparison of store sizes. Where applicable, we are linking...

Goodbye, Downtown Minneapolis…

We're announcing with some sadness the July 2013 closing of the 118,000 sq ft Neiman Marcus store in Downtown Minneapolis, Minnesota,. This comes after the closing of the full-line Saks Fifth Avenue store in Downtown Minneapolis in January 2005. We...
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