Neiman Marcus Group Names FedEx as Exclusive Carrier
The agreement includes shipments to stores from suppliers, to retail stores from Neiman Marcus Group distribution centers, to catalog customers from distribution centers, and to customers ordering directly from retail stores.
The three-year deal involves FedEx Ground, FedEx Freight and, for domestic and international express deliveries, FedEx Express.
Neiman Marcus previously used other carriers including United Parcel Service and the U.S. Postal Service. It also used FedEx Express, FedEx Ground and FedEx Home delivery service.
A Neiman Marcus spokeswoman said that the move streamlines operations. Financial terms were not disclosed.
The Neiman Marcus Group Inc. includes the Specialty Retail segment and Neiman Marcus Direct. Specialty Retail consists of 35 Neiman Marcus stores, two Bergdorf Goodman stores and 14 clearance stores nationwide. Neiman Marcus Direct is the direct marketing and fulfillment business that markets the Neiman Marcus, Horchow and Chef's Catalog brands.
These retailers offer upscale assortments of apparel, accessories, jewelry, beauty and decorative home products.