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

The Rivet 50 is calling for nominations for leaders in the denim industry in 5 categories: design, influencer, leadership, sustainability and supply chain. Nominations close on May 23.

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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