Wednesday, March 30, 2016

Neiman Marcus losing another key executive, as CMO Wanda Gierhart departs

Neiman Marcus chief marketing officer Wanda Gierhart has decided to leave the Dallas-based luxury retailer. She is the third longtime, key executive to leave the company in the last few months.

Neiman Marcus has reported two consecutive quarters of sales declines. Last year, the company cut its staff by 500 employees, including 157 in Dallas, where it is based and employs about 4,800 people. Last year, it delayed plans for an initial public offering.. . . more

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