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Bergdorf Goodman Reaches $500 Million Sales Mark.


NEW YORK New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 -- At approximately noon on Thursday Thursday: see week. , July 19th a customer made a purchase at Bergdorf Goodman Bergdorf Goodman is a major, world-renowned luxury goods department store based in Midtown, Manhattan in New York City. It is owned by Neiman Marcus. History
Beginnings
 that, for the first time, pushed sales for a fiscal year over the $500 million dollar mark. Although bells did not ring on the selling floor to mark the occasion, Jim Gold, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of Bergdorf Goodman and Burt Tansky, President and CEO of The Neiman Marcus Neiman Marcus

U.S. department-store chain. It was founded in Dallas, Texas, in 1907 by Herbert Marcus, his sister Carrie Marcus Neiman, and her husband, A.L. Neiman.
 Group toasted the Bergdorf Goodman associates at a celebration in the store on Tuesday evening. The company's fiscal year ends July 28, 2007.

Jim Gold, President and CEO stated, "The store's success can be attributed to aggressive product and services strategies along with an intensive capital investment. We could not have reached this milestone without the loyalty of our clients, the talent of our associates and the commitment and support of our vendor partners."

Bergdorf Goodman began an extensive renovation program in 1999. Since that time virtually every floor in the store has been redesigned. The store also recently added the BG restaurant on its seventh floor over looking Central Park.

Bergdorf Goodman is part of The Neiman Marcus Group Specialty Retail Stores segment. The Neiman Marcus Group, Inc. operations include the Specialty Retail Stores segment and the Direct Marketing segment. In addition to Bergdorf Goodman, the Specialty Retail Stores segment consists of Neiman Marcus stores. The Direct Marketing segment conducts both print catalog catalog, descriptive list, on cards or in a book, of the contents of a library. Assurbanipal's library at Nineveh was cataloged on shelves of slate. The first known subject catalog was compiled by Callimachus at the Alexandrian Library in the 3d cent. B.C.  and online operations under the Neiman Marcus, Horchow, and Bergdorf Goodman brand names. Information about the Company can be accessed at www.neimanmarcusgroup.com.
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Publication:Business Wire
Date:Jul 25, 2007
Words:253
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