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Neiman Exits Bankruptcy. Now What?

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Neiman Marcus finally gets a new start with its next chapter following the expected exit from Chapter 11 bankruptcy proceedings.
A Neiman Marcus store in Orlando at Millennia shopping center.
CREDIT: Phelan M. Ebenhack via AP

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Neiman Marcus can breathe a sigh of relief now that its tour of bankruptcy court is in the rearview mirror. The company on Friday emerged from Chapter 11 proceedings under the newly reorganized name Neiman Marcus Holding Co. Inc., abandoning its former name, Neiman Marcus Group LTD LLC. The luxury department store received the full…

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