Luxury retailer Neiman Marcus considers selling company

Neiman Marcus might have to sell business

DALLAS - 110 years after the first store opened, luxury retailer Neiman Marcus announced it may have to sell off the business.

The Dallas-based company said it's exploring all options dealing with financial troubles. The company is struggling to compete with online retailers.

The company is already in debt and just announced its sixth consecutive quarter loss.

There is no word on when they'll decide whether to sell.

© 2017 KENS-TV


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