NEW YORK (CBSNewYork) – Two of New York City’s high-end department stores are facing uncertain futures.
According to Reuters, Neiman Marcus will likely file for bankruptcy as soon as this week.READ MORE: Cuomo Says 'I Never Touched Anyone Inappropriately' After Investigation Finds He Sexually Harassed Multiple Women Lawmakers Call On Cuomo To Resign Or Be Removed From Office In Wake Of Sexual Harassment Investigation
Neiman Marcus is also the parent company of Bergdorf Goodman, with two stores on Fifth Avenue.MORE NEWS: Gov. Cuomo Sexually Harassed Multiple Women In Violation Of State And Federal Law, AG Investigation Finds
Neiman is reportedly trying to negotiate a loan to keep some operations going during bankruptcy.