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Rate   Zawya | Tue, Jun 9

Tue, Jun 9  United Arab Emirates
Neiman Marcus Group Inc. (NMGA) swung to a fiscal third-quarter loss amid a decline in customer demand that hurt the upscale retailer's sales and margins. The company said it plans to continue additional promotional and other events to boost sales ...

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Reuters photo) Check out how the rich aren’t all that different from the rest of us after all.   They aren’t spending any money either — at least that’s how it looks according to the earnings for upscale department store Neiman Marcus.   Revenue fell 13 percent to $986 million in the first qua...

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Source:  Zawya
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