Since Neiman Marcus filed for Chapter 11 bankruptcy protection in May, there have been rumors and speculation that the retail giant would vacate its Hudson Yards location, with some even suggesting that it could become a Facebook office. Regardless of what the Hudson Yards space can be used for now, Neiman Marcus has finally officially confirmed that it would vacate the facility, along with two locations in Florida and one in Washington.
“We are always evaluating the footprint of our store to ensure that it is optimal for improving revenue, overall profitability and our integrated retail strategy,” said a company spokesperson. “The closure of these stores will help ensure the continued long-term success of our business and underscores our relentless focus on providing unrivaled experiences and commitment to luxury.” The spokesperson added: “A physical location at Hudson Yards is no longer an ideal space for us given the preponderance of restaurants and future office spaces in that mall.”
“It is unfortunate that Neiman Marcus has failed to achieve the success that other retailers have found at Hudson Yards and we look forward to welcoming the designer brands that brought Neiman Marcus sales to their own stores in the retail center,” said a spokesperson. from Hudson. Yards counted CNBC. “This opens up a great opportunity to create an incredibly attractive office space with the largest floor plates available in New York City, a private entrance on the ground floor and 18 foot ceilings at 20 Hudson Yards.”
Elsewhere in the business-related news, HBO Max has attracted 4.1 million subscribers during the first month of launch.
