After 106 years, this icon may be going out of business

Published: April 20, 2020, 11:25 a.m.

Tension is mounting inside a nine-story, 106-year-old downtown Dallas department store \u2013 the iconic home of Neiman Marcus. At least tension would be mounting, had the company not been forced to furlough its 14,000 employees because of the coronavirus pandemic. Neiman Marcus may be forced to file for bankruptcy, the first of many high-end retailers facing new challenges wrought by COVID-19. ABC's Jim Ryan joins Tony.