What: Neiman Marcus Group is advancing its sustainability journey by installing two, 500-ton water-cooled Trane chillers at the Bergdorf Goodman’s Women’s Store, located in the heart of New York City’s retail district.

Why is it important: Implemented in partnership with Trane by Trane Technologies, a global climate innovator, this environmentally friendly makeover of the historic, 94-year-old building utilizes innovative, energy-efficient, decarbonizing technology, enabling the retailer’s elimination of natural gas use and electrification, transition to renewable energy use and carbon footprint reduction.

The installation of these chillers will result in an annual reduction of 642 metric tons of carbon – equivalent to the greenhouse gas emissions from 138 gasoline-powered passenger vehicles driven for one year. Along with nearly USD 61,000 in annual energy cost savings.

The elimination of natural gas use in the facility is especially noteworthy when considering in April 2021 the NYMEX natural gas price was USD 2.854/MMBtu, compared to USD 5.336/MMBtu in April 2022. Natural gas pricing is rising quickly, increasing savings for the Neiman Marcus Group even more significantly, and mitigating their price risk.

Bergdorf Goodman’s commitment to sustainability