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Neiman Marcus Plans to Exit Four Store Leases: What to Know

Fashion is at a crossroads: continue with cutting-edge strategies developed to persevere during Covid or slide back into familiar (yet unprofitable) habits? Get the experts' perspective at our in-person Sourcing Summit, Oct. 19 at New York’s Cipriani 42nd Street.

Bankrupt Neiman Marcus is looking to wiggle out of four store leases as it aims to restructure and offload billions in debt. A&G Real Estate Partners is marketing the four of the luxury chain’s leases in California, Washington, Florida and Washington, D.C. “Real estate is a long-term play,” said Emilio Amendola, co-president at A&G. “These…

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