Neiman Marcus is set to close two more outposts.
The high-end chain has confirmed that it will permanently shut down its full-line stores in Natick, Mass., and Walnut Creek, Calif. The company said that the locations are expected to continue operations into 2021, with exact closing dates yet to be announced.
“We are always assessing our store footprint to ensure it is optimal to enhance revenues, overall profitability and our integrated retail strategy,” a spokesperson wrote in an email to FN. “These actions will help ensure the continued long-term success of our business and underscore our unrelenting focus on providing unparalleled luxury experiences and engagement.”
It comes a week after Neiman Marcus announced the closure of its 130,000-square-foot outpost in the Mazza Gallerie shopping center in Washington, D.C. Today, the company told FN that the Mazza Gallerie location would close by September.
The high-end chain has confirmed that it will permanently shut down its full-line stores in Natick, Mass., and Walnut Creek, Calif. The company said that the locations are expected to continue operations into 2021, with exact closing dates yet to be announced.
“We are always assessing our store footprint to ensure it is optimal to enhance revenues, overall profitability and our integrated retail strategy,” a spokesperson wrote in an email to FN. “These actions will help ensure the continued long-term success of our business and underscore our unrelenting focus on providing unparalleled luxury experiences and engagement.”
It comes a week after Neiman Marcus announced the closure of its 130,000-square-foot outpost in the Mazza Gallerie shopping center in Washington, D.C. Today, the company told FN that the Mazza Gallerie location would close by September.