The NYC Luxury Retail World Is Already Crowded. Can Neiman Marcus and Hudson Yards Stand Out?

Perhaps more than any other city in the world, New York is a metropolis of department stores. The city boasts several famed flagships, including the massive Macy’s in Herald Square, the original Bloomingdale’s on 59th street, luxury epicenter Barneys New York and Fifth Avenue icons Bergdorf Goodman and Saks Fifth Avenue. Last week, an outsider…

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