Neiman Marcus' monthly sales rise 1.9 percent

Luxury shoppers took a break in June. Last month, Neiman Marcus posted its weakest monthly sales increase since the Dallas-based retailer’s sales turned positive in December. Also Online Neiman Marcus reported Thursday a 1.9 percent increase in same-store sales. Revenue growth trends were strongest in the West and New York City. Competitor Saks Inc. said Thursday its sales increased 2.5 percent, slightly better than the 2 percent rise analysts surveyed by Thomson Reuters expected, but also lower than its recent trend. Data released Wednesday by MasterCard Advisors' SpendingPulse said luxury spending dropped 3.9 percent in June for the first