The business is shuttering a location it opened amid much fanfare a little over twelve months ago in the major US development.
The luxury retailer plans to close its store at The Shops & Restaurants at Hudson Yards, the expansive new retail, residential and office complex on Manhattan’s West Side, according to a court filing.
The three-level, 180,000sq ft store was billed as Neiman’s most innovative to date and contained a number of new services and tech enhancements. It served as the retail anchor for Hudson Yards’ retail complex, which still has not fully re-opened since closing at the beginning of the Covid-19 outbreak.
“We are always assessing our store footprint to ensure it is optimal to enhance revenues, overall profitability, and our integrated retail strategy,” a Neiman’s spokesman said in report by CNBC.
With regards to Hudson Yards, he said: “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.”
