Coronavirus

Neiman Marcus Could Be One of the First Retail Casualties of Coronavirus

The luxury retailer is weighing options, including bankruptcy

a neiman marcus store
Neiman Marcus closed its stores earlier this month for indefinite period in response to the coronavirus outbreak.Getty Images
Headshot of Richard Collings
By Richard Collings

March 25, 2020

Neiman Marcus is weighing all of its options to ensure its “financial strength,” according to a statement by the luxury retailer, as it grapples with the cost of doing business during a pandemic.

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Headshot of Richard Collings

Richard Collings

Richard Collings is a retail reporter at Adweek.

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