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Neiman Marcus Sees Huge Drops...Down $509 Million

Thursday, March 12, 2009


Apparently no one is shopping at Neiman Marcus these days. It's not a complete shocker considering that Neiman Marcus is known for merchandising popular luxury brands, and most people just can't afford these types of items at a time like this.

Neiman Marcus lost $509. 3 million in the fourth quarter, and experienced a 21.4 percent sales drop.

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