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Neiman Marcus expected to file bankruptcy

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Dallas, Apr 27 (EFE/EPA).- Neiman Marcus, a US chain of luxury department stores, is preparing to file for bankruptcy this week after failing to make their loan payment. Brick and mortar retail industry has been on a continuous decline over the past decade due to the rise of online shopping. The coronavirus is expected to aggravate the industry's downfall as thousands of stores were forced to lay off their employees due to the lockdown. (Camera: LARRY W SMITH).FOOTAGE SHOWS THE HEADQUARTERS OF NEIMAN MARCUS IN DALLAS, TEXAS, US.

Added on the 28/04/2020 14:00:00 - Copyright : EFE Inglés

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