Neiman Marcus reports online, Texas sales driving growth
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Dallas-based Neiman Marcus Inc. reported strong fourth-quarter and fiscal-year revenue increases, citing high sales online and in its Texas stores. Total revenue for Neiman Marcus increased 9. 3 percent from $920 million in 2011 to $1.01 billion. Sales in the company’s specialty retail stores, which include Neiman Marcus, Last Call and Bergdorf Goodman, were up 5.3 percent. Online and catalog sales increased 18.8 percent. The company said revenue was strongest in its seven Texas stores and in the southeast, which includes seven Florida stores and one in Atlanta. For the fiscal year, Neiman Marcus total revenue increased 8.6 percent
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