You’ve probably already heard that Dallas-based Neiman Marcus isn’t optimistic about what will come from the shaky economic climate. What better way to remedy slacking sales than to have a sale? Here’s the way the company put it (sans bold face) in yesterday’s filing to the Securities and Exchange Commission:
During an actual or perceived economic downturn (as a result of increases in consumer debt levels, increases in interest rates, a tightening of consumer credit, uncertainties regarding future economic performance and tax rates and policies), fewer customers may shop our stores and websites. As a result, we may be required to take significant additional markdowns and/or increase our marketing and promotional expenses in response to the lower levels of demand for luxury goods.
 I’ve got dibs on this here poncho.
