Neiman Marcus is an American

department store A department store is a retail establishment offering a wide range of consumer goods in different areas of the store under one roof, each area ("department") specializing in a product category. In modern major cities, the department store mad ...

chain founded in 1907 in

Dallas Dallas () is a city in the U.S. state of Texas and the most populous city in the Dallas–Fort Worth metroplex, the List of Texas metropolitan areas, most populous metropolitan area in Texas and the Metropolitan statistical area, fourth-most ...

Texas Texas ( , ; or ) is the most populous U.S. state, state in the South Central United States, South Central region of the United States. It borders Louisiana to the east, Arkansas to the northeast, Oklahoma to the north, New Mexico to the we ...

by Herbert Marcus, his sister Carrie Marcus Neiman, and her husband Abraham Lincoln Neiman. It has been owned by

Saks Global Saks Global Enterprises LLC is an American holding company of department store A department store is a retail establishment offering a wide range of consumer goods in different areas of the store under one roof, each area ("department") sp ...

, a spin-off of the

Hudson's Bay Company The Hudson's Bay Company (HBC), originally the Governor and Company of Adventurers of England Trading Into Hudson’s Bay, is a Canadian holding company of department stores, and the oldest corporation in North America. It was the owner of the ...

, since 2024.

History

1907–1949

Herbert Marcus Sr., a former buyer with Dallas' Sanger Brothers department store, had left his previous job to found a new business with his sister Carrie Marcus Neiman and her husband, Abraham Lincoln Neiman, then employees of Sanger Brothers competitor A. Harris and Co. In 1907, the trio had () from the successful sales-promotion firm they had built in

Atlanta, Georgia Atlanta ( ) is the List of capitals in the United States, capital and List of municipalities in Georgia (U.S. state), most populous city in the U.S. state of Georgia (U.S. state), Georgia. It is the county seat, seat of Fulton County, Georg ...

, and two potential investments of funds. Rather than take a chance on an unknown "sugary soda pop business," the three entrepreneurs rejected the fledgling Coca-Cola company and chose instead to return to Dallas to establish a retail business. For this reason, early company CEO Peb Atera was quoted in 1957 as saying in jest that Neiman Marcus was "founded on bad business judgment." The store, established on September 10, 1907, was lavishly furnished and stocked with clothing of a quality not commonly found in Texas. Within a few weeks, the store's initial inventory, mostly acquired on a buying trip to New York made by Carrie, was completely sold out. Oil-rich Texans, welcoming the opportunity to flaunt their wealth in more sophisticated fashion than was previously possible, flocked to the new store. In spite of the

Panic of 1907 The Panic of 1907, also known as the 1907 Bankers' Panic or Knickerbocker Crisis, was a financial crisis that took place in the United States over a three-week period starting in mid-October, when the New York Stock Exchange suddenly fell almost ...

set off only a few weeks after its opening, Neiman Marcus was instantly successful, and its first several years of operation were quite profitable. In 1914, a fire destroyed the Neiman Marcus store and all of its merchandise. A temporary store was opened for 17 days.Historical timeline
from Neiman Marcus Online By the end of 1914, Neiman Marcus opened at its new, permanent location at the corner of Main Street and Ervay Street. With the opening of the flagship Neiman Marcus Building, the store increased its product selection to include accessories,

lingerie Lingerie (, , ) is a category of primarily women's clothing including undergarments (mainly brassieres), sleepwear, and lightweight robes. The choice of the word is often motivated by an intention to imply that the garments are alluring, fashio ...

, and children's clothing, as well as expanding the women's apparel department. In its first year at the new building, Neiman Marcus recorded a profit of $40,000 on sales of $700,000, nearly twice the totals reached in its last year at the original location. In 1927, the store expanded, and Neiman Marcus premiered the first weekly retail fashion show in the United States.Stanley Marcus Timeline
''Texas Monthly'', March 2002 The store staged a show called "One Hundred Years of Texas Fashions" in 1936 in honor of the centennial of Texas's independence from Mexico. A later profile of the store, "Neiman Marcus of Texas", described the "grandiose and elaborate" gala, noting: "It was on this occasion that one of the most critical among the store's guests, Mrs. Edna Woolman Chase, editor of '' Vogue'', expressing the sentiment of the store's starry-eyed clientele, told the local press: In 1929, the store began offering menswear. During the 1930s and 1940s, Neiman Marcus began to include less-expensive clothing lines along with its high-end items, in response to the

Great Depression The Great Depression was a severe global economic downturn from 1929 to 1939. The period was characterized by high rates of unemployment and poverty, drastic reductions in industrial production and international trade, and widespread bank and ...

and following war years. Between 1942 and 1944, sales at Neiman Marcus grew from $6 million to $11 million. Despite a major fire in 1946, the store continued to profit.

1950–1999

Herbert Marcus Sr. died in 1950, and Carrie Neiman died two years later, leaving Stanley Marcus in charge of the company's operations. The 1950s saw the addition of a $1.6 million store at 8300 Preston Road in the Preston Center; the location been occupied by a Tootsies store since the 1990s. It was a store "inspired by the art and culture of Southwestern Indians" and "colors ... copied from Indian weaving, pottery, and sand paintings". The themed decor included Kachina figures on colored-glass murals and an

Alexander Calder Alexander "Sandy" Calder (; July 22, 1898 – November 11, 1976) was an American sculptor known both for his innovative mobile (sculpture), mobiles (kinetic sculptures powered by motors or air currents) that embrace chance in their aesthetic, hi ...

mobile named "Mariposa," Frank X. Tolbert. ''Neiman-Marcus, Texas'', New York: Henry Holt and Company, 1953, page 5. the Spanish word for butterfly. Art likewise was used as inspiration for Stanley Marcus' seasonal campaigns to solicit new colors in fabrics, as he did the year that he borrowed 20

Paul Gauguin Eugène Henri Paul Gauguin (; ; 7 June 1848 – 8 May 1903) was a French painter, sculptor, printmaker, ceramist, and writer, whose work has been primarily associated with the Post-Impressionist and Symbolist movements. He was also an influ ...

paintings — many of which had never been publicly exhibited — from collectors around the world and had the vivid colors translated into dyes for wool, silk, and leather. Area teachers cited the Gauguin exhibits as spurring a dramatic increase in art study.Tolbert, 1953, page 11. In the 1950s and 1960s, Gittings operated a portrait studio in Neiman Marcus. Clients included Hope Portocarrero,

Lyndon Johnson Lyndon Baines Johnson (; August 27, 1908January 22, 1973), also known as LBJ, was the 36th president of the United States, serving from 1963 to 1969. He became president after assassination of John F. Kennedy, the assassination of John F. Ken ...

Howard Hughes Howard Robard Hughes Jr. (December 24, 1905 – April 5, 1976) was an American Aerospace engineering, aerospace engineer, business magnate, film producer, and investor. He was The World's Billionaires, one of the richest and most influential peo ...

, and the

Shah of Iran The monarchs of Iran ruled for over two and a half millennia, beginning as early as the 7th century BC and enduring until the 20th century AD. The earliest Iranian king is generally considered to have been either Deioces of the Median dynasty () ...

Mohammad Reza Pahlavi Mohammad Reza Pahlavi (26 October 1919 – 27 July 1980) was the last List of monarchs of Iran, Shah of Iran, ruling from 1941 to 1979. He succeeded his father Reza Shah and ruled the Imperial State of Iran until he was overthrown by the ...

and his family. A late 1960s Christmas Book featured portraits of Wyatt Cooper, his wife

Gloria Vanderbilt Gloria Laura Vanderbilt (February 20, 1924 – June 17, 2019) was an American artist, author, actress, fashion designer, heiress, and socialite. During the 1930s, she was the subject of a high-profile child custody trial in which her mother, ...

, and children Carter and

Anderson Cooper Anderson Hays Cooper (born June 3, 1967) is an American broadcast journalist and political commentator who anchors the CNN news broadcast show ''Anderson Cooper 360°''. In addition to his duties at CNN, Cooper serves as a correspondent for ''6 ...

. The company continued its extravagant marketing efforts (including the launch of His and Her gifts in the famous Christmas Book) with the inauguration of Fortnight in 1957. The Fortnight was an annual presentation of fashions and culture from a particular country, held in late October and early November of each year, and was one of the most anticipated events in Dallas. It brought fashion, dignitaries, celebrities, exotic food and extravagant celebrations to the downtown store for 29 years. In 1955, Neiman Marcus acquired Ben Wolfman, Inc. which operated a 9-story store, The Fashion, in

Downtown Houston Downtown is the largest central business district in the city of Houston and the largest in the state of Texas, located near the geographic center of the metropolitan area at the confluence of Interstate 10 in Texas, Interstate 10, Interstate 45 ...

. Wolfman stayed on to run the store, which became branch of Neiman Marcus, the first store outside the Dallas/Fort Worth Metroplex. The freestanding store was later replaced with a new anchor store located in the Houston Galleria in 1970. In 1965 the Preston Center store was closed and a new store, more than twice as big, was opened at NorthPark Center. Another branch in Fort Worth was also opened. By 1967 the four Neiman Marcus stores in operation were generating annual sales of $58.5 million, and the company's profit for that year was in excess of $2 million. In 1968, the company merged with Broadway-Hale Stores, Inc., which enabled Neiman Marcus to expand at a much faster pace than would have been possible as an independent entity. In 1971, the first Neiman Marcus outside Texas opened in Bal Harbour, Florida. In subsequent years stores opened in over 30 cities across the United States, including

Atlanta Atlanta ( ) is the List of capitals in the United States, capital and List of municipalities in Georgia (U.S. state), most populous city in the U.S. state of Georgia (U.S. state), Georgia. It is the county seat, seat of Fulton County, Georg ...

, Charlotte,

Beverly Hills Beverly Hills is a city located in Los Angeles County, California, United States. A notable and historic suburb of Los Angeles, it is located just southwest of the Hollywood Hills, approximately northwest of downtown Los Angeles. Beverly Hil ...

Boston Boston is the capital and most populous city in the Commonwealth (U.S. state), Commonwealth of Massachusetts in the United States. The city serves as the cultural and Financial centre, financial center of New England, a region of the Northeas ...

Chicago Chicago is the List of municipalities in Illinois, most populous city in the U.S. state of Illinois and in the Midwestern United States. With a population of 2,746,388, as of the 2020 United States census, 2020 census, it is the List of Unite ...

Las Vegas Las Vegas, colloquially referred to as Vegas, is the most populous city in the U.S. state of Nevada and the county seat of Clark County. The Las Vegas Valley metropolitan area is the largest within the greater Mojave Desert, and second-l ...

Minneapolis Minneapolis is a city in Hennepin County, Minnesota, United States, and its county seat. With a population of 429,954 as of the 2020 United States census, 2020 census, it is the state's List of cities in Minnesota, most populous city. Locat ...

San Francisco San Francisco, officially the City and County of San Francisco, is a commercial, Financial District, San Francisco, financial, and Culture of San Francisco, cultural center of Northern California. With a population of 827,526 residents as of ...

and St. Louis. Neiman Marcus also had a letter of intent to open a 120,000 square foot store in downtown Cleveland in 1992 as part of an anchor for the upscale

Tower City Center Tower City Center is a large mixed-use facility in downtown Cleveland, Ohio, in its Public Square, Cleveland, Public Square. The facility is composed of a number of interconnected office buildings, including Terminal Tower, the Skylight Park mi ...

. However, the project did not come to fruition, instead opening its concept store in the 1990s. In 1987 Bergdorf Goodman was acquired by the Neiman Marcus Group. In the 1980s, the hyphenated spelling of the company name ("Neiman-Marcus") was abandoned.

2000–2010

Stanley Marcus died on January 22, 2002. He had served as president and chairman of the board for the company. Marcus had been the architect behind the fashion shows, New York advertising for a strictly regional chain, in-store art exhibits, and the Christmas catalog with its outlandish His-and-Hers gifts, including

vicuña wool Vicuña wool refers to the hair of the South American vicuña, a camelid related to llamas and alpacas. The wool has, after shahtoosh, the second smallest fiber diameter of all animal hair and is the most expensive legal wool. Properties The do ...

coats, a pair of airplanes, " Noah's Ark" (including pairs of animals), camels, and live tigers. Over the last 20 years, ownership of Neiman Marcus has passed through several hands. In June 1987, the company was spun off from its retail parent, Carter Hawley Hale Stores, and became a publicly listed company. General Cinema, later to become Harcourt General, still had a roughly 60% controlling interest until 1999, when Neiman Marcus was fully spun off from its

parent company A holding company is a company whose primary business is holding a controlling interest in the Security (finance), securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own Share ...

. On May 2, 2005, Neiman Marcus Group was the subject of a

leveraged buyout A leveraged buyout (LBO) is the acquisition of a company using a significant proportion of borrowed money (Leverage (finance), leverage) to fund the acquisition with the remainder of the purchase price funded with private equity. The assets of t ...

(LBO), selling itself to two

private equity Private equity (PE) is stock in a private company that does not offer stock to the general public; instead it is offered to specialized investment funds and limited partnerships that take an active role in the management and structuring of the co ...

firms,

Texas Pacific Group TPG Inc., previously known as Texas Pacific Group and TPG Capital, is an American private equity firm based in Fort Worth, Texas. TPG manages investment funds in growth capital, venture capital, public equity, and debt investments. The firm in ...

and Warburg Pincus.Neiman Marcus in $5.1B buyout
CNN Money, May 2, 2005 The "Neiman-Marcus Collection," comprising early account books, advertising and Christmas Catalog layouts, files on charity activities, past awards and presentations, and a collection of Stanley Marcus's personal memorabilia, among many other items, is located in the Texas & Dallas History & Archives Division, 7th Floor, Main Library, Dallas Public Library, where it may be consulted by researchers.

2010–2019

In August 2013, ''

Women's Wear Daily ''Women's Wear Daily'' (also known as ''WWD'') is a fashion-industry trade journal often referred to as the "Bible of fashion". Horyn, Cathy"Breaking Fashion News With a Provocative Edge" ''The New York Times''. (August 20, 1999). It provides i ...

'' reported Neiman Marcus Group was preparing for an

initial public offering An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investm ...

of its stock. In October 2013, the Neiman Marcus Group was sold for $6 billion to Ares Management and the Canada Pension Plan Investment Board. In August 2015, the company again announced it was preparing for an initial public offering. In late 2015 Neiman Marcus became a stand-alone company. In November 2013 the firm discovered a 25-carat rough diamond off Namibia's coast, which was valued with a reserve price tag of $1.85 million. The diamond was referred to as the "Nam Diamond". In 2018 Geoffroy van Raemdonck replaced Karen Katz as CEO. In April 2019, Neiman Marcus acquired a minority stake in Fashionphile, an online resale platform for handbags, jewelry and accessories.

2020–present

Neiman Marcus Group, Ltd. LLC and 23 affiliated debtors filed Chapter 11 bankruptcy in the United States District Court for the Southern District of Texas in May 2020. The debtors requested joint administration of the cases under Case No. 20-32519. According to the company's CEO, Geoffroy van Raemdonck, the filing was a direct result of the COVID-19 pandemic in the United States. The company's website, mytheresa.com, was not part of the bankruptcy. At the end of September 2020, Neiman Marcus exited Chapter 11 bankruptcy, and as of 2022 is owned by a consortium of investment firms ( Davidson Kempner Capital Management, Sixth Street Partners and Pacific Investment Management). In July 2021, mytheresa was spun off and filed for IPO on the NYSE, valuing it at $2.2 billion which increased to $3 billion during the first day of trading. In August 2020, it announced the closing of five stores: Mazza Gallerie in Washington D.C.; Hudson Yards in

New York City New York, often called New York City (NYC), is the most populous city in the United States, located at the southern tip of New York State on one of the world's largest natural harbors. The city comprises five boroughs, each coextensive w ...

; The Galleria at Fort Lauderdale; Worth Avenue in

Palm Beach, Florida Palm Beach is an incorporated town in Palm Beach County, Florida, United States. Located on a barrier island in east-central Palm Beach County, the town is separated from West Palm Beach, Florida, West Palm Beach and Lake Worth Beach, Florida, ...

; and Downtown Bellevue near

Seattle Seattle ( ) is the most populous city in the U.S. state of Washington and in the Pacific Northwest region of North America. With a population of 780,995 in 2024, it is the 18th-most populous city in the United States. The city is the cou ...

. In June 2022, Neiman Marcus Group reported their highest sales volume in almost half of their stores, and sales of their 20 best-selling brands grew by 70% above pre-COVID levels in 2019. The company has also been attracting younger customers, with the average age falling by seven years from pre-pandemic levels, from the mid-40s to the high-30s. In July 2024, Neiman Marcus announced plans to merge with

Saks Fifth Avenue Saks Fifth Avenue (Colloquialism, colloquially Saks) is an American Luxury goods, luxury department store chain founded in 1867 by Andrew Saks. The first store opened in the F Street and 7th Street shopping districts, F Street shopping distric ...

in a reported $2.65 billion merger. In December 2024, Neiman Marcus was acquired as part of the $2.7B Neiman Marcus Group acquisition by

. In February 2025, Neiman Marcus announced it would close its flagship store in Downtown Dallas on March 31, 2025, after nearly 120 years. By that time it was the longest standing Neiman Marcus ever operated.

Timeline

}", for custom text use "Custom text", for example "On or before Sep. 9, 1999" will result in the text "On or before Sep. 9, 1999" sorted as September 9, 1999.--> ! style="vertical-align:top;" , Closed ! style="vertical-align:top;" , Metro area ! style="vertical-align:top;" , Suburb or Neighborhood ! style="vertical-align:top;" , Mall or Address ! style="vertical-align:top;" , No./
code ! style="vertical-align:top;" , Sq.
ft. ! style="vertical-align:top;" , Sq.
m. , -style="vertical-align:top;" , Downtown Dallas 1 , , Spring 1913 , Dallas/Fort Worth ,

Downtown ''Downtown'' is a term primarily used in American and Canadian English to refer to a city's sometimes commercial, cultural and often the historical, political, and geographic heart. It is often synonymous with its central business district ( ...

, 1200 Elm St. at Field St. , , 5,000 (1907) , 465 , - class="expand-child" style="background-color:white;font-size:0.9em;" , colspan="9" , SE corner Elm & Murphy. Today, site is an area of planters at One Main Place, SW corner Elm & Field. Fire in Spring 1913. , -style="vertical-align:top;" , Downtown Dallas 2 , By Sep 1914 , Mar 31, 2025 , Dallas/Fort Worth , Downtown , 1618 Main St. at Ervay St. , , 129,000 , 11,984 , - class="expand-child" style="background-color:white;font-size:0.9em;" , colspan="9" , in 1917, today . , -style="vertical-align:top" , Preston Center , , , Dallas/Fort Worth , University Park , Preston Center , , 62,000 , 5,760 , - class="expand-child" style="background-color:white;font-size:0.9em;" , colspan="9" , DeWitt & Swank, architects. 2 stories. Replaced by NorthPark. , -style="vertical-align:top" , data-sort-value="Houston Downtown", Houston (Downtown) , , 1969 ,

Houston Houston ( ) is the List of cities in Texas by population, most populous city in the U.S. state of Texas and in the Southern United States. Located in Southeast Texas near Galveston Bay and the Gulf of Mexico, it is the county seat, seat of ...

, , , , - class="expand-child" style="background-color:white;font-size:0.9em;" , colspan="9" , 917 Main Street. Originally Ben Wolfman's women's fine apparel store, "The Fashion". When Neiman Marcus and Ben Wolfman Inc. merged, the store was converted to Neiman Marcus' second branch, the first outside Dallas, and Wolfman stayed on as manager. According to AIA Dallas, there were problems with the size and layout of the building and the use of space. Houstonians who had patronized NM in Dallas resented Neiman's not building a larger and up-to-date store such as the one in Dallas. Relocated to Houston Galleria. , -style="vertical-align:top" , Fort Worth 1 , 1962 (Fall) , 1977 , Dallas/Fort Worth ,

Fort Worth Fort Worth is a city in the U.S. state of Texas and the county seat of Tarrant County, Texas, Tarrant County, covering nearly into Denton County, Texas, Denton, Johnson County, Texas, Johnson, Parker County, Texas, Parker, and Wise County, Te ...

, Camp Bowie Blvd. , 1003/FW , 50,000-
70,000 , 4,645-
6,503 , - class="expand-child" style="background-color:white;font-size:0.9em;" , colspan="9" , Built on site of Bowie Blvd. Drive-in Theater. Relocated to Ridgmar Mall. Building became Ellison's Furniture; currently 2 schools. , -style="vertical-align:top" , -style="vertical-align:top;" , Michigan Avenue , , open ,

Magnificent Mile The Magnificent Mile (sometimes locally abbreviated to the Mag Mile) is the approximately one-mile-long stretch of Michigan Avenue (Chicago), Michigan Avenue from the Chicago River to Oak Street (Chicago), Oak Street on the Near North Side ...

, 737 N. Michigan Ave. , 1019/MA , 188,000 , 17,466 , -style="vertical-align:top" , NorthPark , 1966 , open , Dallas/Fort Worth , North Dallas , NorthPark Center , 1002/NP , 218,000 , 20,253 , - class="expand-child" style="background-color:white;font-size:0.9em;" , colspan="9" , According to the

AIA AIA or A.I.A. or Aia may refer to: Aia * Aia, a small town in the province of Gipuzkoa, Spain * Peñas de Aya, small mountain range in Oiartzun, Gipuzkoa * Aia, current Kutaisi, ancient capital of Colchis * Aia, another name for Aea (Malis), an ...

Dallas, "

Eero Saarinen Eero Saarinen (, ; August 20, 1910 – September 1, 1961) was a Finnish-American architect and industrial designer who created a wide array of innovative designs for buildings and monuments, including the General Motors Technical Center; the pa ...

committed to designing the store but died unexpectedly in 1961. Saarinen’s partners

Kevin Roche Eamonn Kevin Roche (June 14, 1922 – March 1, 2019) was an Irish-born American Pritzker Prize-winning architect. Kevin Roche was the Archetype, archetypal Modern architecture, modernist and "member of an elite group of third generation modern ...

and John Dinkeloo, designed it together with E.G. Hamilton of Harrell & Hamilton (now Omniplan), who also designed the rest of NorthPark Center. While Stanley Marcus wanted to use white marble throughout the new store, Raymond Nasher and Hamilton argued for unity in the overall design and materiality of the Center. Roche thus used bold elements defining the departments within. Marcus stated 'We found ourselves educating most of the architects…that…were positive of only one thing with any store: that we would want to change it within 10 years… ut Rochewas very convincing that a building had to have some discipline. Stanley was right, and later, during a remodeling to keep the store contemporary, elements with which he argued against had to be removed at great expense." , -style="vertical-align:top" , Houston Galleria , 1969 , open , Houston , Uptown , The Galleria , 1004/HD , 224,000 , 20,810 , - class="expand-child" style="background-color:white;font-size:0.9em;" , colspan="9" , According to the AIA Dallas, after an underwhelming launch in Houston by repurposing the Wolfman store, Stanley Marcus worked with developer Gerald Hines, fellow patron of architecture, to relocate it to Hines' new Galleria mall. Stanley was displeased with HOK founding architect Gyo Obata, stating "I think Obata was intent upon…the importance of the building to his career rather than…to ours." The brutalist façade was criticized for its unimaginative mimicry of

Le Corbusier Charles-Édouard Jeanneret (6 October 188727 August 1965), known as Le Corbusier ( , ; ), was a Swiss-French architectural designer, painter, urban planner and writer, who was one of the pioneers of what is now regarded as modern architecture ...

’s famous Sainte Marie de La Tourette in

Lyon Lyon (Franco-Provençal: ''Liyon'') is a city in France. It is located at the confluence of the rivers Rhône and Saône, to the northwest of the French Alps, southeast of Paris, north of Marseille, southwest of Geneva, Switzerland, north ...

France France, officially the French Republic, is a country located primarily in Western Europe. Overseas France, Its overseas regions and territories include French Guiana in South America, Saint Pierre and Miquelon in the Atlantic Ocean#North Atlan ...

. , -style="vertical-align:top;" , Bal Harbour , , open ,

Miami Miami is a East Coast of the United States, coastal city in the U.S. state of Florida and the county seat of Miami-Dade County, Florida, Miami-Dade County in South Florida. It is the core of the Miami metropolitan area, which, with a populat ...

, Bal Harbour , Bal Harbour Shops , 1005/BH , 97,000 , , -style="vertical-align:top" , Atlanta , 1972 , open ,

Buckhead Buckhead is the wikt:uptown, uptown commercial and residential district of the city of Atlanta, Georgia (U.S. state), Georgia, comprising approximately the northernmost fifth of the city. Buckhead is the third largest business district within ...

, Lenox Square , 1006/AT , 154,000 , 14,307 , -style="vertical-align:top" , St. Louis , 1975 , open , St. Louis , Frontenac, MO , Plaza Frontenac , 1007/SL , 148,000 , 13,750 , -style="vertical-align:top" , Northbrook , 1976 , open , Chicago , Northbrook , Northbrook Court , 1009/NB , 144,000 , 13,378 , -style="vertical-align:top" , Fort Worth 2 , 1977 , 2017 , Dallas/Fort Worth , Fort Worth , Ridgmar Mall , 1003/FW , , , - class="expand-child" style="background-color:white;font-size:0.9em;" , colspan="9" , Relocated to The Shops at Clearfork. , -style="vertical-align:top" , Washington, DC , , ** ,

Washington, DC Washington, D.C., formally the District of Columbia and commonly known as Washington or D.C., is the capital city and Federal district of the United States, federal district of the United States. The city is on the Potomac River, across from ...

, Chevy Chase , Mazza Gallerie , , 126,296 , 11,733 , -style="vertical-align:top;" , Fashion Island , 1978 , open , Orange County ,

Newport Beach Newport Beach is a coastal city of about 85,000 in southern Orange County, California, United States. Located about southeast of downtown Los Angeles, Newport Beach is known for its sandy beaches. The city's harbor once supported maritime indu ...

, Fashion Island , 1011/FI , 90,000 , 8,361 , -style="vertical-align:top;" , Beverly Hills , 1979* , open , Los Angeles ,

, Wilshire Blvd. , 1010/LA , 185,000 , 17,187 , -style="vertical-align:top;" , Prestonwood , 1979 , 2001 , Dallas/Fort Worth , Far North Dallas , Prestonwood Town Center , , , , - class="expand-child" style="background-color:white;font-size:0.9em;" , colspan="9" , Relocated to The Shops at Willow Bend. , -style="vertical-align:top;" , Las Vegas , , open ,

, The Strip ,

Fashion Show A fashion show is an event put on by a fashion designer to showcase their upcoming line of clothing and/or accessories during a fashion week. Fashion shows debut every season, particularly the spring/summer and fall/winter seasons. This is wh ...

, 1015/LV , 174,000 , 16,165 , -style="vertical-align:top;" , Westchester , , open , New York , White Plains, NY , The Westchester , 1014/WC , 138,000 , 12,821 , - class="expand-child" style="background-color: white;font-size:0.9em;" , colspan="9" , Former

Bergdorf Goodman Bergdorf Goodman Inc. is an American luxury department store based in New York City, founded in 1899 by Herman Bergdorf. , it operates a women's store and a men's store across the street from each other on Fifth Avenue in Midtown Manhattan. ...

location. Art by Richard Smith and Knox Martin. , -style="vertical-align:top;" , Oakbrook , 1982* , open , Chicago , Oak Brook , Oakbrook Center , 1017/OB , 98,000 , 9,105 , -style="vertical-align:top;" , San Diego , 1982* , open ,

San Diego San Diego ( , ) is a city on the Pacific coast of Southern California, adjacent to the Mexico–United States border. With a population of over 1.4 million, it is the List of United States cities by population, eighth-most populous city in t ...

Mission Valley Mission Valley is a wide river valley trending east–west in San Diego, California, United States, through which the San Diego River flows to the Pacific Ocean. For planning purposes the City of San Diego divides it into two neighborhoods: Mi ...

, Fashion Valley , 1016/SD , 106,000 , 9,848 , -style="vertical-align:top" , Fort Lauderdale , , ** , Miami ,

Fort Lauderdale Fort Lauderdale ( ) is a coastal city located in the U.S. state of Florida, north of Miami along the Atlantic Ocean. It is the county seat of and most populous city in Broward County with a population of 182,760 at the 2020 census, making it ...

, The Galleria at Fort Lauderdale , , 80,000 , 7,4232 , -style="vertical-align:top;" , San Francisco , 1983* , open ,

, Downtown , Union Square , 1012/SF , 252,000 , 23,412 , -style="vertical-align:top;" , Boston , 1983 , open ,

, Copley Place , 1020/BN , 111,000 , , -style="vertical-align:top;" , Town & Country , 1983 , 2005 , Houston , Memorial City , Town & Country Mall , , , , -style="vertical-align:top;" , Palo Alto , 1986* , open , San Francisco ,

Palo Alto Palo Alto ( ; Spanish language, Spanish for ) is a charter city in northwestern Santa Clara County, California, United States, in the San Francisco Bay Area, named after a Sequoia sempervirens, coastal redwood tree known as El Palo Alto. Th ...

, Stanford Shopping Center , 1024/PA , 120,000 , 11,148 , -style="vertical-align:top;" , Tysons II , 1990* , open , Washington, D.C. , Tysons, VA , Tysons Galleria , 1023/TY , 130,000 , 12,077 , -style="vertical-align:top" , Minneapolis , , 2013″ ,

, Gaviidae Common , , 118,000 , 10,963 , -style="vertical-align:top;" , Denver , 1991 , open ,

Denver Denver ( ) is a List of municipalities in Colorado#Consolidated city and county, consolidated city and county, the List of capitals in the United States, capital and List of municipalities in Colorado, most populous city of the U.S. state of ...

, Cherry Creek , Cherry Creek Shopping Center , 1027 , 90,000 , 8,361 , -style="vertical-align:top;" , Scottsdale , 1992* , open , Phoenix , Scottsdale , Fashion Square , 1029/SC , 114,000 , 10,591 , -style="vertical-align:top;" , Troy , 1993* , open ,

Detroit Detroit ( , ) is the List of municipalities in Michigan, most populous city in the U.S. state of Michigan. It is situated on the bank of the Detroit River across from Windsor, Ontario. It had a population of 639,111 at the 2020 United State ...

Troy Troy (/; ; ) or Ilion (; ) was an ancient city located in present-day Hisarlik, Turkey. It is best known as the setting for the Greek mythology, Greek myth of the Trojan War. The archaeological site is open to the public as a tourist destina ...

, Somerset Collection , 1033/TR , 157,000 , 14,586 , -style="vertical-align:top;" , King of Prussia , 1996* , open ,

Philadelphia Philadelphia ( ), colloquially referred to as Philly, is the List of municipalities in Pennsylvania, most populous city in the U.S. state of Pennsylvania and the List of United States cities by population, sixth-most populous city in the Unit ...

, King of Prussia , King of Prussia , 1030/KP , 145,000 , 13,471 , -style="vertical-align:top;" , Short Hills , 1996* , open , New York , Short Hills NJ , Mall at Short Hills , 1025/SH , 137,000 , 12,728 , -style="vertical-align:top;" , Paramus , 1997* , open , New York , Paramus , Garden State Plaza , 1028/PR , 141,000 , 13,099 , -style="vertical-align:top;" , Ala Moana , 1999 , open ,

Honolulu Honolulu ( ; ) is the List of capitals in the United States, capital and most populous city of the U.S. state of Hawaii, located in the Pacific Ocean. It is the county seat of the Consolidated city-county, consolidated City and County of Honol ...

, Ala Moana ,

Ala Moana Center The Ala Moana Center, commonly known simply as Ala Moana, is a large open-air shopping mall in the Ala Moana, Honolulu, Ala Moana neighborhood of Honolulu, Hawaii. Owned by Brookfield Properties, Ala Moana is the List of largest shopping malls i ...

, 1031/AM , 181,000 , 16,816 , -style="vertical-align:top" , Palm Beach , , ** , Miami , Palm Beach , Worth Avenue , , 48,661 , 4,521 , -style="vertical-align:top;" , Plano Willow Bend , 2002* , open , Dallas/Fort Worth , Plano , Shops at Willow Bend , 1013/PW , 156,000 , 14,493 , -style="vertical-align:top;" , Tampa , , open ,

Tampa Bay Area The Tampa Bay area is a major metropolitan area surrounding Tampa Bay on the Gulf Coast of Florida in the United States. It includes the main cities of Tampa, Florida, Tampa, St. Petersburg, Florida, St. Petersburg, and Clearwater, Florida, Clea ...

, Westshore , Int'l Plaza , 1035/TB , 96,000 , 8,919 , -style="vertical-align:top;" , Coral Gables , 2003* , open , Miami , Coral Gables , Shops at Merrick Park , 1034/CG , 136,000 , 12,635 , -style="vertical-align:top;" , Orlando , , open , Orlando , North end of Int'l Dr. , The Mall at Millenia , 1036/OR , 95,000 , 8,826 , -style="vertical-align:top;" , Boca Raton , 2006* , open , Miami , Boca Raton , Town Center , 1038/BR , 136,000 , 12,635 , -style="vertical-align:top;" , San Antonio , 2006* , open ,

San Antonio San Antonio ( ; Spanish for " Saint Anthony") is a city in the U.S. state of Texas and the most populous city in Greater San Antonio. San Antonio is the third-largest metropolitan area in Texas and the 24th-largest metropolitan area in the ...

, La Cantera , Shops at La Cantera , 1037/SA , 120,000 , 11,148 , -style="vertical-align:top;" , Austin , 2006 (Q4) , open , Austin , Northwest Austin , The Domain , 1101/AN , 80,000 , 7,432 , -style="vertical-align:top;" , Charlotte , , open , Charlotte , SouthPark , SouthPark Mall , 1102/CH , 80,000 , 7,432 , -style="vertical-align:top;" , Natick , , 2022 , Boston , Natick , Natick Mall , , 94,000 , 8,733 , -style="vertical-align:top;" , Topanga , 2008 , open , Los Angeles , Canoga Park , Westfield Topanga , 1105/TP , 120,000 , 11,148 , -style="vertical-align:top" , Bellevue , 2009 , 2020 ,

, Downtown Bellevue , The Shops at The Bravern , , 124,637 , 11,579 , -style="vertical-align:top" , Walnut Creek , , , San Francisco , Walnut Creek , Broadway Plaza , , 87,608 , 8,139 , -style="vertical-align:top;" , Roosevelt Field , 2016* , open , New York , Garden City, NY , Roosevelt Field , 1111/RF , 111,000 , 10,312 , -style="vertical-align:top" , Fort Worth 3 , , open , Dallas/Fort Worth , Fort Worth , The Shops at Clearfork , 1003/FW , , , -style="vertical-align:top" , Hudson Yards , , , New York , Manhattan , Hudson Yards , , 190,000 , 17,652 *fiscal year **announced

Corporate affairs

Neiman Marcus is still in operation today under the original name and is still headquartered in Dallas, where it was founded. The Neiman Marcus Group comprises the Specialty Retail stores division including Neiman Marcus Stores and Bergdorf Goodman. These retailers offer luxury apparel, accessories, jewelry, beauty and decorative home products. As of mid-2022 the company operates 36 Neiman Marcus stores in the United States and two Bergdorf Goodman stores in

Manhattan Manhattan ( ) is the most densely populated and geographically smallest of the Boroughs of New York City, five boroughs of New York City. Coextensive with New York County, Manhattan is the County statistics of the United States#Smallest, larg ...

. Neiman Marcus' largest market is the South Florida MSA, where they operate five stores. The company also operates five "Last Call" clearance centers and the online luxury furniture outlet Horchow.com." The Neiman Marcus Group owned majority interest in Kate Spade LLC, a manufacturer of handbags and accessories. In October 2006, the company purchased all minority interest for approximately $59.4 million, and in November 2006 sold 100% ownership to Liz Claiborne, Inc. for approximately $121.5 million. Another divestiture was a majority interest in Gurwitch Products LLC, which manufactures Laura Mercier cosmetics, to Alticor Inc., for approximately $40.8 million. In 2013, Neiman Marcus settled a federal claim for falsely claiming that some of their products contained

fake fur Fake fur, also called faux fur, is a Pile (textile), pile fabric engineered to have the appearance and warmth of fur. Fake fur can be made from a variety of materials, including polyester, nylon, or Acrylic fiber, acrylic. First introduced i ...

when tests by the Humane Society of the United States showed it was actually real fur from

raccoon dog ''Nyctereutes'' (Greek: ''nyx, nykt-'' "night" + ''ereutēs'' "wanderer") is a genus of canid which includes only two extant species, both known as raccoon dogs: the common raccoon dog (''Nyctereutes procyonoides'') and the Japanese raccoon do ...

s. Neiman Marcus did not admit guilt, but promised to adhere to federal fur labeling laws (the Fur Act) for the next twenty years. In 2014, Neiman Marcus acquired German luxury fashion e-commerce platform mytheresa.com and its flagship store Theresa from its founders Christoph and Susanne Botschen and

venture capital Venture capital (VC) is a form of private equity financing provided by firms or funds to start-up company, startup, early-stage, and emerging companies, that have been deemed to have high growth potential or that have demonstrated high growth in ...

firm Acton Capital Partners. The luxury fashion online store ships worldwide and offers designer clothing, shoes, bags and accessories for women. In 2019, Neiman Marcus creditor, Marble Ridge Capital, had a lawsuit against Neiman Marcus dismissed after the claim of inappropriate transfer of the company's MyTheresa assets was dismissed by a

judge due to lack of

subject-matter jurisdiction Subject-matter jurisdiction, also called jurisdiction ''ratione materiae'', is a legal doctrine regarding the ability of a court to lawfully hear and adjudicate a case. Subject-matter relates to the nature of a case; whether it is criminal, ci ...

. In March 2020, Neiman Marcus Group launched an app called NM Connect, which allows salespeople to communicate directly with customers via texts, email, phone and video calls. In June 2021, Neiman Marcus Group acquired Stylyze, an e-commerce platform, to expand the company's e-commerce capabilities. Users connect to Neiman Marcus Group using the proprietary app Connect. In April 2022, Farfetch Limited agreed to a $200 million minority investment in the Neiman Marcus Group, aiming to stimulate growth through the stores' use of Farfetch's "Platform Solutions" e-commerce marketplace.

The Christmas Book

"His and Hers" and "Fantasy" gifts

Since 1939, Neiman Marcus has issued an annual Christmas catalog, which gets much free publicity from the national media for a tradition of unusual and extravagant gifts not sold in its stores. Some have included the "his and hers" themed items, trips and cars (see below). In 1952, Stanley Marcus introduced a new tradition of having extravagant and unusual gifts in each year's Christmas catalog, ''The Christmas Book''. The idea was sparked when journalist Edward R. Murrow contacted Marcus to ask if the store would be offering anything unusual that might interest his radio listeners. Marcus invented on the spot an offering of a live Black Angus bull accompanied by a

sterling silver Sterling silver is an alloy composed mass fraction (chemistry), by weight of 92.5% silver and 7.5% other metals, usually copper. The sterling silver silver standards, standard has a minimum millesimal fineness of 925. ''Fineness, Fine silver'' ...

barbecue Barbecue or barbeque (often shortened to BBQ worldwide; barbie or barby in Australia and New Zealand) is a term used with significant regional and national variations to describe various cooking methods that employ live fire and smoke to coo ...

cart, and the catalog was subsequently altered to include this item, priced at $1,925. At one point, the Neiman Marcus Christmas catalog carried the distinction of being the item most stolen from recipients' mailboxes, prompting a Chicago postmaster to suggest the company switch to enclosing the catalogs in plain brown wrappers. Neiman's fantasy gifts in the Christmas Book have included a $20 million

submarine A submarine (often shortened to sub) is a watercraft capable of independent operation underwater. (It differs from a submersible, which has more limited underwater capability.) The term "submarine" is also sometimes used historically or infor ...

mummy A mummy is a dead human or an animal whose soft tissues and Organ (biology), organs have been preserved by either intentional or accidental exposure to Chemical substance, chemicals, extreme cold, very low humidity, or lack of air, so that the ...

cases that contained an actual mummy, seats from

Ebbets Field Ebbets Field was a Major League Baseball stadium in the Flatbush, Brooklyn, Flatbush section of Brooklyn, New York City, New York. It is mainly known for having been the home of the History of the Brooklyn Dodgers, Brooklyn Dodgers baseball tea ...

, and a $1.5 million Cobalt Valkyrie-X plane; the most expensive item was a

Boeing Business Jet A Boeing Business Jet (BBJ) is a version of a Boeing Commercial Airplanes, Boeing jet airliner with modifications to serve the private, head of state, and corporate jet market. The first BBJ, based on the 737-700, rolled out on July 26, 1998; a ...

for over $35 million.

Other Christmas gifts

In 1961, Neiman-Marcus in Dallas was one of two stores in the nation — the other being Wanamaker's in

— to offer computer-based assistance in selecting Christmas gifts. The process worked by comparing information on the recipient to a computerized list of the 2,200 items available at Neiman-Marcus, then providing a printout of the 10 best suggestions. One person testing the computer filled out the questionnaire as if he were President John F. Kennedy shopping for gifts in excess of $1,000 for his wife; the computer suggested a

yacht A yacht () is a sail- or marine propulsion, motor-propelled watercraft made for pleasure, cruising, or racing. There is no standard definition, though the term generally applies to vessels with a cabin intended for overnight use. To be termed a ...

. During the

Apollo 8 Apollo 8 (December 21–27, 1968) was the first crewed spacecraft to leave Sphere of influence (astrodynamics), Earth's gravitational sphere of influence, and the first human spaceflight to reach the Moon. The crew orbited the Moon ten times ...

mission in December 1968, Marilyn Lovell, wife of

astronaut An astronaut (from the Ancient Greek (), meaning 'star', and (), meaning 'sailor') is a person trained, equipped, and deployed by a List of human spaceflight programs, human spaceflight program to serve as a commander or crew member of a spa ...

Jim Lovell James Arthur Lovell Jr. ( ; born March 25, 1928) is an American retired astronaut, naval aviator, test pilot and mechanical engineer. In 1968, as command module pilot of Apollo 8, he became, with Frank Borman and William Anders, one of the fi ...

, who was the Command Module Pilot, received, as a Christmas present, a mink coat that was delivered to her by a Neiman Marcus driver in a Rolls-Royce car. The coat was wrapped in royal blue wrapping paper with two Styrofoam balls — one for the Earth and the other for the Moon — and had a card that read, "To Marilyn, from the Man in the Moon." In 2012, Neiman Marcus partnered with

Target Corporation Target Corporation is an American retail corporation that operates a chain of discount department stores and hypermarkets, headquartered in Minneapolis, Minnesota. It is the seventh-largest retailer in the United States, and a component of th ...

to create a holiday collection featuring 24 designers from the Council of Fashion Designers of America (CFDA). The 50-piece collection featured apparel, accessories and even some gifts for dogs.

Data breach

In 2024, Neiman Marcus suffered a data breach and extortion attempt as part of the Snowflake mass hacking campaign. The data stolen included information from both Neiman Marcus and Bergdof Goodman companies, including personally identifiable information (PII) nearly 30 million Neiman Marcus customers. The stolen data also included partial credit card numbers, and purchase history for all of the store's online customers, and more than 12 million customer gift card numbers. Neiman Marcus filed regulatory documents in Maine and Vermont.

Culture

The department store was the subject of a

BBC One BBC One is a British free-to-air public broadcast television channel owned and operated by the BBC. It is the corporation's oldest and flagship channel, and is known for broadcasting mainstream programming, which includes BBC News television b ...

documentary in the ''Omnibus'' strand. Entitled ''Dallas – The Big Store'' and directed by Jana Boková, it aired on 24 February 1981.
In 1983 Frederick Wiseman made a documentary called 'The Store' about the flagship store of Neiman Marcus.

Cookie recipe urban legend

Dating back as early as the 1930s, rumors started to circulate about a woman and her daughter who were out to lunch at Neiman Marcus and for dessert shared a chocolate chip cookie that they loved so much they asked the server for the recipe. The server said that the recipe would cost "two fifty" and the woman agreed. However, she was in disbelief when she was charged $250 for the recipe instead of what she thought would be $2.50. The rumor eventually became xeroxlore and a chain letter. In 1997, after the rumor had progressed to an infamous e-mail forward, the company released a statement that the story was an urban legend. As a sign of good faith, the store also released a version of their cookie recipe for free to all customers to try.

References

External links

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Neiman Marcus Group
{{Authority control 1907 establishments in Texas Clothing retailers of the United States Companies based in Dallas American companies established in 1907 Retail companies established in 1907 Department stores of the United States Luxury brands Privately held companies based in Texas CPP Investment Board companies Private equity portfolio companies 2013 mergers and acquisitions Companies that filed for Chapter 11 bankruptcy in 2020