Neiman Marcus closes 10 Last Call stores, but Houston locations are spared
Dallas-based Neiman Marcus is closing 10 of its Last Call outlets, as part of a strategy to stay focused on its regular-priced stores. One of those stores includes the housewares-focused Horchow Finale store at 3400 Rd. in Plano. A store representative said that it will stay open through the holiday shopping season and close on January 15. That's the only remaining Horchow Finale store.
The other stores scheduled to close are in states spread across the country, including Virginia, Georgia, Maryland, Illinois, Michigan, Arizona, California, and two stores in Pennsylvania.
According toFortune, the closures follow a review that Neiman Marcus initiated in July to evaluate the Last Call chain. At that time, they closed three Last Call stores: one at the Allen Premium Outlets, and one each in Colorado and Massachusetts.
The retailer has decided to focus more intently on its regular department store line, which also includes Bergdorf Goodman in Manhattan. In February, they opened a grand new Neiman Marcus store in Fort Worth at The Shops at Clearfork, replacing the store at Ridgmar Mall, which closed in January. It is also opening its first Neiman Marcus store in Manhattan in the Hudson Yards development on the West Side.
"This decision is about optimizing our Last Call store portfolio to deliver the best customer service and freeing up resources to support new initiatives for our full-line Neiman Marcus and Bergdorf Goodman channels," said senior VP Elizabeth Allen in a statement. "We are investing in our strengths as the clear leader of high-end luxury retail."
In addition, with fewer Last Call stores, the remaining locations will have a larger cache of clearance items.
The closures are as follows:
- Philadelphia Premium – Pottstown, Pennsylvania
- Potomac Mills – Woodbridge, Virginia
- Arizona Mills – Tempe, Arizona
- Gurnee Mills – Gurnee, Illinois
- Livermore Premium – Livermore, California
- Arundel Mills – Hanover, Maryland
- Franklin (Philadelphia) Mills – Philadelphia
- Great Lakes Crossing – Auburn Hills, Michigan
- Lenox Marketplace – Atlanta
- Horchow Plano – Plano
Affected employees will receive severance packages based on length of service and be considered for other positions within Neiman Marcus’ stores.