Come the holidays,
The first-come, first-serve giftable offerings will be designed by the likes of
Items will cost anywhere between $7.99 (standard Target pricing) and $499.99 (more Neiman Marcus' speed).
The lady and the tramp partnership is an unusual one, considering that one pair of earrings at Target goes for about $10 while the dangly baubles at Neiman Marcus easily run past $1,000.
Target has nearly 1,800 stores. Neiman Marcus operates fewer than 100. Good luck finding the paper towels and groceries sold at the former on the shelves of the latter.
The model has been copied enthusiastically by other chains such as H&M and Forever 21.
But with the luxury market going through major shifts, it also behooves Neiman Marcus to make itself more accessible to bargain hunters. Most of the items in the Target + Neiman Marcus Holiday Collection will be priced at less than $60.
“Target and Neiman Marcus are known for charting new terrain, and by joining forces for the holiday season, we’ve set the stage for a redefining moment in retail,” said