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The luxury retailer is working with A&G Real Estate Partners to unload the Washington D.C.; Palm Beach, Fla.; Bellevue, Wash., and Walnut Creek, Calif., locations.
Two of the biggest luxury department store chains in the country are joining forces, with a boost from Amazon. The owner of Saks Fifth Avenue has agreed to buy rival Neiman Marcus Group for $2.65 ...
July 4, 2024 at 1:34 PM. NEW YORK (AP) — The parent company of Saks Fifth Avenue has signed a deal to buy upscale rival Neiman Marcus Group, which owns Neiman Marcus and Bergdorf Goodman stores ...
A significant 2007 expansion enlarged the existing Neiman Marcus by 52,000 square feet (4,800 m 2) and added a 36,000-square-foot (3,300 m 2) an upper level to the wing connecting the store to the main mallway. The shopping center then housed 1.545 million leasable square feet and 240 stores and services. [18]
Neiman Marcus. Neiman Marcus is an American department store chain founded in 1907 in Dallas, Texas by Herbert Marcus, his sister Carrie Marcus Neiman, and her husband Abraham Lincoln Neiman. It has been owned by the Neiman Marcus Group since 1987, and is a sister brand to luxury department store Bergdorf Goodman through this ownership.
In September 2014, Neiman Marcus signed to become the anchor tenant of the Hudson Yards Retail Space. [3] The retail space, designed by Kohn Pedersen Fox and Elkus Manfredi Architects [4] [5] with a connection to the bases of 10 and 30 Hudson Yards, started construction in June 2015, [6] with a 100,000 short tons (91,000,000 kg) order of steel, one of the largest such orders in the history of ...
The U.S. luxury department store chain filed for bankruptcy in a federal court in Houston, and said it had reached agreement with creditors for $675 million of debtor-in-possession financing to ...
Tysons Galleria was the third major project of the Gudelsky- Lerner partnership. The property was purchased from The Rouse Company which lost a bitter zoning dispute over the site in 1963. [1] In 1981, Lerner bought out the partnership for $21 million, before embarking on a $550 million expansion. [2] It was constructed across Virginia State ...