Following its bankruptcy filing back in May, Neiman Marcus has confirmed what had long to be rumored – the closing of the Hudson Yards space. This closing is less than a year of the official gran opening event that took place less than a year ago.
“We are always assessing our store footprint to ensure it is optimal to enhance revenues, overall profitability, and our integrated retail strategy,” a spokesman from the company said. “These store closures will help ensure the continued long-term success of our business and underscores our unrelenting focus on providing unparalleled luxury experiences and engagement.” The spokesman added: “A physical location in Hudson Yards is no longer an ideal space for us given the preponderance of restaurants and future office space in that mall.”
“It is unfortunate that Neiman Marcus was unable to achieve the success that other retailers have found at Hudson Yards and we look forward to welcoming the designer brands who drove Neiman Marcus’ sales to their own stores in the retail center,” a spokesman from Hudson Yards told CNBC. “This opens up a great opportunity to create incredibly attractive office space with the largest floor plates available in New York City, a private ground floor entrance, and 18 foot high ceilings at 20 Hudson Yards.”
The Hudson Yards closing also includes two locations in Florida and one in Washington.