Neiman Marcus Posts Catalog Gains, Store Losses

Share this content:
The Neiman Marcus direct mail segment saw sales rise 9.5 percent in March. However, same-store sales were disappointing, and the company expects an earnings shortfall for the third quarter.

Each of the catalog divisions posted gains, with the Horchow home-furnishing catalog showing particular strength.

Same-store sales fell 4.7 percent in March, while total sales fell 3.6 percent to $254.8 million, from $264.2 million a year earlier. Same-store sales in the specialty retail segment fell 7.7 percent.


Next Article in Direct Mail

Sign up to our newsletters

Company of the Week

USAData helps businesses find new customers and grow their current customers through a combination of data and digital marketing services, and easy-to-use SaaS technology products. We enrich customer data so businesses can more effectively target and communicate with customers, and connect them with their best look-alike prospects through digital and traditional channels. We make it easy through simple, self-serve applications and APIs, as well as through full-service programs managed by our Data and Digital experts. 

Find out more here »

Career Center

Check out hundreds of exciting professional opportunities available on DMN's Career Center.  
Explore careers in digital marketing, sales, eCommerce, marketing communications, IT, data strategies, and much more. And don't forget to update your resume so employers can contact you privately about job opportunities.

>>Click Here

Relive the 2017 Marketing Hall of Femme

Click the image above