department store

Retail
Neiman Marcus Emerges From Chapter 11

After almost five months under bankruptcy protection, Neiman Marcus Holding Co., formerly the Neiman Marcus Group, has emerged from Chapter 11.

Financials
Kohl’s Sees Sales Decline In Q1

Following a decline in first quarter net sales and comparable store sales, Kohl’s CEO Michelle Gass said the retailer is “actively addressing opportunities” that impacted revenue in the three month period ended May 4.

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