Neiman Marcus, Saks and Dallas
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Why Neiman Marcus matters to downtown Dallas
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Saks Global Shutters Dallas Headquarters of Neiman Marcus
Saks To Close Neiman Marcus Dallas Headquarters And Tells Vendors To Wait For Payments
Saks Global's challenges grow as it moves to cut costs and hold payments to vendors. Even more challenging, Saks trails in foot traffic to luxury department stores.
The headlines are buzzing in Dallas lately – from the Luka Doncic trade to Southwest's layoffs to the Neiman Marcus closure. The city is going through rough times, and the Dallas mayor is sounding off on all of them.
There’s a new sought-after reservation in town. Two days after the announcement that Neiman Marcus’ downtown Dallas flagship would close on March 31, reservations at the Zodiac Room, the store’s elegant 6 th-floor lunch spot and home to one of the city’s most iconic dishes,
After the shocking news that Neiman Marcus’s parent company will close the flagship Downtown Dallas store, people online are mourning the loss of history. Neiman was sold to rival luxury retailer Saks Fifth Avenue’s parent company last year,
The Dallas City Council in May 2022 approved the luxury retailer getting an economic development grant in exchange for keeping its flagship store downtown
Neiman Marcus is closing its downtown store after more than 100 years in the core of the city. The storied site on Main Street will shutter effective March 31, according to a statement from Saks Global,
After over 100 years, the Neiman Marcus store in Downtown Dallas will close. Here’s what we know about the closure of Neiman Marcus at 1618 Main Street:
The landlord behind the closure of the downtown Dallas Neiman Marcus appears to claim a fraction of the overall site.
In 2022, the retailer received $5.25M in city incentives to build its offices at CityPlace Tower and stay in Dallas. It is not yet clear what becomes of those funds.
The news comes less than a year after Neiman Marcus’ merger with Saks Fifth Avenue and shortly after the announcement of the closing of their CityPlace offices.
There’s also the attempted exit from Neiman Marcus’ relatively new office lease at Cityplace Tower in Uptown— a move that the landlord, NexPoint, disputes is even allowed. Then, there’s Saks’ announcement that it’s injecting $100 million into the NorthPark location of Neiman Marcus for renovations.
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