Skip to main content

Neiman Marcus

  • Neiman Marcus files for IPO; looks to expand outlet center format

    New York -- Luxury department store operator Neiman Marcus Inc. on Monday disclosed plans for a proposed public offering of up to $100 million.

    The retailer’s plan, announced in a regulatory filing, comes some eight years after it was acquired for $5.1 billion by private equity firms TPG Capital and Warburg Pincus. In its filing, Neiman Marcus indicated a desire to expand its outlet center concept, Last Call, which currently operates 35 locations.

  • PetFlow finds Facebook footing

    Chicago -- For pure play premium pet food and accessories retailer PetFlow, online marketing is a crucial component of its business. Initially, PetFlow used Google AdWords to direct consumers searching for specific pet products to its site. However, as PetFlow co-founder Alex Zhardanovsky told the audience during a morning keynote session at the Internet Retailer Conference in Chicago, initial efforts by the retailer to expand its online marketing activities to Facebook did not work so well.

  • Neiman Marcus has strong third quarter

    Dallas – Neiman Marcus had a strong third quarter fiscal 2013, reporting a substantial increase in net earnings as well as growth total revenues and same store sales.

    Net earnings grew 13% compared to third quarter of last year, from $62.6 million to $70.8 million from $62.6 million.

    Total revenues increased 4%, from $1.06 billion to $1.1 billion.

    Same store sales grew 3.6%.

     

  • Pinterest adds info to retail pins

    San Francisco – Pinterest, the social sharing network that many retailers use to promote products, is allowing users to share more information with their pins. Pins may now include data such as pricing, availability and where to buy products, recipe information and detailed information about movies.

    So far, retailers including Home Depot, Anthropologie, eBay, Neiman Marcus, Nordstrom and Wal-Mart are partnering with Pinterest to make more product information available on pins originating from their e-commerce sites.

     

  • J. C. Penney wins latest court round; rehires company vet Ken Mangone

    New York -- A New York judge on Thursday rejected a request by Macy's to block J.C. Penney from selling Martha Stewart goods under the "JCP Everyday" label for now, while it appeals a ruling allowing the sale. An order temporarily barring Martha Stewart from selling goods branded with her name at J.C. Penney's is still in place.

  • Healthcare Update

    Many areas of the Affordable Care Act remain unsettled

    Retail companies should expect this year and 2014 to be a wild roller coaster ride of health insurance changes for retailers. That assessment came from Neil Trautwein, VP, employee benefits, National Retail Federation, who said that retailers need to take prudent actions to comply with the requirements of the Affordable Care Act (ACA).

  • Rebates: Invigorate 2013 Marketing Efforts With Promos That Move the Needle

    By Theresa Wabler, [email protected]

    As retailers and manufacturers settle into the reality of the “new normal” of shoppers who  will continue their frugal consumption habits amidst recession or not, it’s crucial to employ promotional tactics that generate significant, lasting value, not just a flash in the pan. As marketers consider their options, one tried and true promotional tactic should be included to yield definite results: rebates.

  • Fashion Outlets of Chicago announces tenant lineup

    New York -- Fashion Outlets of Chicago, a new mall due to open in August near O'Hare International Airport, on Tuesday announced its tenant list.

    The two-level, 530,000-sq.-ft. center will be anchored by a Bloomingdale's outlet, Last Call by Neiman Marcus, Saks Fifth Avenue Off 5th and Forever 21.

X
This ad will auto-close in 10 seconds