Luxury Store Cuts Hundreds of Jobs - KCBD NewsChannel 11 Lubbock

1/13/09

Luxury Store Cuts Hundreds of Jobs

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Luxury retailer Neiman Marcus is announcing hundreds of layoffs. The Dallas based company announced the layoffs will take effect immediately. Nearly 400 positions or about 3 percent of the work force will be eliminated. Neiman Marcus says its December sales were down more than 31 percent. 

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