Neiman Marcus is the first, but it certainly won't be the last major retailer to file for bankruptcy in the face of the COVID-19 pandemic. Coronavirus has only compressed the timeline when it comes to the demise of traditional retail channels. The warning signs have flashed for decades, but department store executives turned a blind eye. Years ago, then Estée Lauder Chairman and CEO Leonard Lauder warned retailers that their tired marketing plans, dated layouts and chintzy merchandise would...