Dallas-based retailer Neiman Marcus Group is taking a look at its operations and teams in an overall strategic evaluation of its business, MR has learned.
“To better align our operations and team with our business strategy, we regularly evaluate all aspects of our business to determine when and where changes make the most sense for our customers and our company,” a company spokesperson told MR. “As a result, we are streamlining our operations to complement our strategic focus. This has resulted in the elimination, re-organization or regionalization of approximately 225 positions across all brands and operating divisions.”
The spokesperson went on to say that affected employees will be offered severance packages or will be considered for other Neiman Marcus Group job openings.
In addition to this action, the company said it is also assessing its Last Call portfolio to “optimize” its store footprint and ensure it has the right mix of brick-and-mortar and online stores to meet its customers’ evolving demands.
“Neiman Marcus Group is committed to being the clear leader in high-end luxury retail, both in stores and online, driven by digital performance and analytics that enable us to deliver a highly personalized shopping experience to our customers across channels,” added the spokesperson. “We remain committed to our employees and the communities we serve.”