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

COVID-19 recovery is on the horizon but the pandemic's impact on sustainability, retail, product development and consumer buying patterns means the denim industry must evolve. Join Rivet on April 20th at 11 am ET for the COVID, One Year Later roundtable.

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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