Nordstrom last week said it had issued $600 million in secured debt financing, in addition to drawing down $800 million on its revolving line of credit. J.C Penney and Neiman Marcus have both missed interest payments, and Neiman Marcus could file for bankruptcy as soon as this week, people familiar with the matter have told CNBC. Macy's is in a stronger financial position than J.C. Penney and Neiman Marcus. It still has relationships with apparel brands that depend on the retailer to sell their clothes. Its brand name continues to resonate with many Americans.