Written by Tanya Mannes - UT San Diego - March 23, 2012
Bad news for luxury-lovers who like to browse discount racks.
The only Last Call by Neiman
Marcus store in San Diego County, at Las Americas Premium Outlets in San
Ysidro, will close in mid-April. The high-end department store
company's off-price division opened the store in 2005, when the center
expanded.
"The decision (to close) was
based on a thorough evaluation of the future business potential in this
location," said Neiman Marcus spokeswoman Ginger Reeder. "We hope our
loyal customers will shop with us at lastcall.com or check the website for another store nearby."
That area, which is near the U.S.-Mexico border, is a hot spot
for retail, U-T San Diego reported this week. Construction is underway
on a shopping-center site just west of the Last Call store that will
include a T.J.Maxx and a Ross Dress for Less, opening later this year.
The company's four other outlet stores in California include locations in Cabazon and Orange.
The outlet center's owner,
Simon Property Group, plans to divide the space into two new stores.
Tenants will be announced soon, the company said.
The store had a loyal
following. "Love the Last Call store," said San Diego resident Joanna
Jones on Facebook early this week. "Great deals...super kind
staff...love the mall."
According to Bloomberg,
the Neiman Marcus chain is growing and plans to expand in China, but
still hasn't returned to its prerecession sales level. The retailer
reported revenue of $4 billion in its most recent full fiscal year,
which ended in July, down from its peak of $4.6 billion in the year
ended in mid-2008.
Neiman Marcus operates 42
namesake stores, including one that opened on March 9 in Walnut Creek,
California, as well as two Bergdorf Goodman locations.
There is a full-line Neiman Marcus store in Fashion Valley Mall, also owned by Simon Property Group.
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