Skip to main content

Neiman Marcus to invest $100 million in omnichannel project


New York -- Luxury department store retailer Neiman Marcus Group plans to invest in a $100 million project designed to drive sales across all its retail channels: physical stores, mobile and online, the Dallas Business Journal reported.

The report, which cited a filing with the Securities and Exchange Commission, described the project as a multi-year initiative to develop a merchandising platform across all brands and channels.

The development of the platform is expected to begin during fiscal 2014. It is targeted for implementation in fiscal 2016.

This ad will auto-close in 10 seconds