I think they have major issues at Neiman Marcus, I think they were taking loans that they have trouble servicing now. Look at Macy's and how they do - they are bad and in shambles. NM is not that much better, they will continue with layoffs that started in Corporate in 2016 but everyone is expecting even more job cuts in 2017.
I would love to see the list of Neiman Markus stores that they are planning to close in 2017, not even sure if that list exist but it'll be an interesting year nonetheless.