DALLAS (1080 KRLD) - The iconic Dallas department store Neiman Marcus is going to furlough most of its 14,000 employees and temporarily reduce pay to others, according to reports.
Yesterday, CEO Geoffroy van Raemdonck announced he has extended the closing of all stores through the end of April, and maybe longer because of the Coronavirus.
Raemdonck is also waiving his own salary for the duration of the crisis.