Neiman Marcus might soon file for bankruptcy. But this does not come as a surprise. The company, which also operates the MyTheresa and Bergdorf Goodman brands, has been struggling for the past few years. The rise of discount retailers and the shift to online luxury shopping has definitely taken a toll on Neiman. Moreover, its debt level has proven to be unsustainable.Website: https://www.startupsapience.com/Patreon: https://www.patreon.com/startupsapience