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Retail

Neiman Marcus Group, ravaged by COVID-19 lockdown, to furlough or cut salaries of most employees

April 1, 2020

Bergdorf Goodman is taking a stronger stance on digital. Image credit: Bergdorf Goodman

 

Most of the employees of U.S. department store chain Neiman Marcus Group will be put on furlough or face temporary cuts in their salaries as the COVID-19 coronavirus-induced lockdown takes its toll on retailers.

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