FortuneOil Prices Are Hitting Texas Where It HurtsFortuneIn the same way the fortunes of New York luxury emporiums like Saks Fifth Avenue and Barneys move with Wall Street's gyrations, upscale Texas stores rise and fall with the oil industry. So despit …

FortuneLow Oil Prices Hit Luxury Retailers HardFortuneNeiman Marcus, the department store retailer based in Dallas, the heart of the U.S. oil belt, has hit a rough patch, in part because of the severe drop in oil stocks and energy industry job cuts. Earlie …