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Shopping

Courtney Collins / KERA News

NorthPark Center turns 50 this week. At a time when shopping malls are closing, NorthPark remains one of the top-performing malls in the country, generating more than $1 billion in sales a year.

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Dallas-based Neiman Marcus, that swanky store with all of the nice handbags and shoes and the over-the-top Christmas catalog, has been all over the news today after it was sold for $6 billion.

Ares Management LLC and the Canada Pension Plan Investment Board are the buyers. Revenue at Neiman hasn’t returned to levels seen before the 2008 financial crisis, Bloomberg reports. Shoppers have been slow to return to the luxury retailer.

While we wait to hear more about what the sale means for Neiman customers, let’s take a look back at some of the store’s rich history – just wait until you find out when Neiman first published its splashy Christmas catalog. Oh, and if you read until the end, there’s a special recipe waiting for you.

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The annual tax free weekend has finally arrived! Of course calculators, pens and pencils are tax free, but so are hunting vests, bowling shirts and adult diapers. 

Why 'Black Friday' Has Dark Roots

Nov 23, 2012

Black Friday may not yet be a bigger holiday than Thanksgiving, but it certainly has a bigger marketing budget. Retailers may have needed it to overcome the term's long and negative history.

Dallas, TX – U.S. retailers are expecting a big "online" holiday shopping rush today. It's "Cyber Monday". KERA's BJ Austin reports one local marketing expert says the online shopping day is growing faster than Black Friday in-store sales.