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Businessman Mike Wells claims he watched a boy dance around the store touching clothes as a blonde woman sidled off and prepared to swipe clothes with her two juvenile accomplices. The woman is seen handing a youth two hoodies - worth 49.99 each - as a slightly older teenager shields them from view. After the alleged 'blink and you miss it theft they walk out of the boutique store. Read More Children appear to be used to steal from the shop Mr Wells, 46, said: Its just not nice and quite shocking, Its horrible to think these kids are not being brought up properly. They have nothing to aspire to and are being lead in the wrong direction. Its a sad reflection of this country. This kid was less than 10 years old and he was given something to walk out of the shop with. It horrified by the fact and adult would set this sort of example for a child. The women were seen entering the shop with a group of children (Photo: Essex News and Pictures) He added: "It is quite clear on the CCTV but I didn't notice it at the time. "There were already four people in the shop who were genuine.

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28 and its sixth consecutive quarterly drop for a key revenue measure. Like many department stores, Neiman Marcus has been wrestling with declining customer traffic and sluggish sales as shoppers increasingly buy online. Even in the world of luxury, affluent shoppers are dramatically changing their habits and are buying designer bags and clothes online on places like eBay or consignment shops. "The high-end brands are losing momentum," says Marshal Cohen, chief industry analyst at NPD Group Inc., a market research firm. He said the average price for a luxury item dropped

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5 percent last year from the prior year. Neiman Marcus didn't specify which retailers it was looking at. The Wall Street Journal reported that the company is in discussions with department store operator Hudson's Bay Co., which has been on an acquisition spree over the past few years and operates such stores as Saks Fifth Avenue, Lord & Taylor and its namesake chain. In February, reports were swirling that Hudson's Bay was looking at taking over Macy's Inc., whose plans to reinvent itself haven't been enough to turn around its business. Neiman Marcus didn't immediately respond when asked for comment, and Hudson's Bay says it doesn't comment on rumors.

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