Neiman Marcus reinvests and unveils hybrid workspaces

Neiman Marcus has made a number of investments in expanding its supply chain, renovating its stores, launching a new app, and most recently new hybrid workspaces, its CEO Geoffroy van Raemdonck tells Axios.

Why it matters: The Dallas-based luxury retailer has invested $300 million in such efforts since 2021, a sign its investors remain committed to overhauling the business, he says.