By and  on October 10, 2013

Neiman Marcus Group Ltd. said it will invest $100 million over the next three to five years to expand its omnichannel capabilities.

The retailer plans to develop a single merchandising platform across all brands and channels to improve inventory visibility and delivery, according to a filing Thursday with the Securities and Exchange Commission. The company said during fiscal-year 2014 it plans to begin the design and configuration of the new platform, which is being targeted for implementation in fiscal-year 2016.

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