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.


close

Next Article in Direct Mail

Sign up to our newsletters

Company of the Week

Brightcove is the world's leading video platform. The most innovative and respected brands confidently rely on Brightcove to solve their most demanding communication challenges because of the unmatched performance and flexibility of our platform, our global scale and reliability, and our award-winning service. With thousands of customers and an industry-leading suite of cloud video products, Brightcove enables customers to drive compelling business results.

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