The NYC Luxury Retail World Is Already Crowded. Can Neiman Marcus and Hudson Yards Stand Out?

In a city of famed department stores, here's how these brands can succeed

Perhaps more than any other city in the world, New York is a metropolis of department stores. The city boasts several famed flagships, including the massive Macy’s in Herald Square, the original Bloomingdale’s on 59th street, luxury epicenter Barneys New York and Fifth Avenue icons Bergdorf Goodman and Saks Fifth Avenue.

Last week, an outsider arrived in Manhattan as Dallas-based behemoth Neiman Marcus opened the doors to its first New York location at the newly opened shopping center at Hudson Yards.

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