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Thread: Neiman Marcus bankrupt

  1. #1

    Default Neiman Marcus bankrupt

    Neiman Marcus to file for bankruptcy as soon as this week: sources

    Pandemic forced it to temporarily shut all 43 of its Neiman Marcus locations and furlough many of its roughly 14,000 employees
    https://www.foxbusiness.com/markets/...cy-coronavirus
    Tom
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    I am not a Registered Investment Advisor. Do your own due diligence.


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  3. #2

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    Default Re: Neiman Marcus bankrupt

    Sounds like this was a zombie company before the forced shutdowns.

    $5 Billion in debt with monthly payments in the millions and they're blaming the collapse on coronavirus?

    You really see who's swimming naked when the tide goes out.

    I can see JC Penney blaming their impending bankruptcy on coronavirus as well.

    jcp.JPG

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