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Neiman Marcus Could File for Bankruptcy Within Days: Reuters

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Photographer: John Taggart/Bloomberg
Updated on

Neiman Marcus Group Inc. is preparing to seek bankruptcy protection as soon as this week, Reuters reported on Sunday, citing unidentified people familiar with the matter.

The U.S. department store operator is in the final stages of negotiating a loan that would amount to hundreds of millions of dollars and help bankroll some of its operations during the process.