Neiman Marcus Is Experiencing a Retail Apocalypse of Its Own Making

The woes of American retailers aren’t confined to those that cater to the struggling middle class, whose incomes haven’t budged in ages. Retailers that cater to the carriage trade are having a tough go, as well. Polo Ralph Lauren recently announced it would shutter a massive store on Fifth Avenue. And now, as Suzanne Kapner and Ryan Dezember reported in the Wall Street Journal Monday, Neiman Marcus seems to have run into some trouble. The Dallas-based chain, long known for its...

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