Neiman Marcus
Like most traditional department stores lately, Neiman Marcus has seriously struggled with keeping their heads above water. The Dallas-based company has been bought out twice in the past decade, but their over $5 billion debt is keeping them suffering big time. Though sales actually have risen at the once-popular store in the past two years, this lingering debt is keeping them from succeeding anytime soon. They’ve cut hundreds of jobs in an effort to save any money possible, but it’s not looking so good.
Norwegian Air
Though they’ve put up a good fight in trying to assimilate to the low-budget model like other airlines- even for overseas flights- Norwegian Air is just not cutting it. They are losing more money every day, between the fact that they currently have an airplane stranded in Iran after making an emergency landing, trying to keep prices low enough for customers to use their service over a more reputable company and the fact that they are notorious for losing customers’ luggage and having to pay them back for it. Only time will tell if the airline can save itself.