Neiman Marcus Says Top 2% of Customers Drive 40% of Its Sales
Neiman Marcus Group (NMG) is touting a ‘prudent’ growth strategy. The Dallas-based luxury department store unveiled on Wednesday its fiscal year 2022 business highlights, which included a 30% comparable sales increase versus 2021 and an adjusted EBITDA of $495 million. NMG also reported on Wednesday that it delivered over $5 billion in gross merchandise value […]