Saks, Neiman Marcus

Saks still plans to close downtown Neiman Marcus despite efforts to resolve lease issue
Neiman Marcus’ downtown store is still slated to close at the end of March, even after Dallas city and business leaders worked to resolve a landlord dispute.
Saks Closes Neiman Marcus Headquarters And Tells Vendors Payments Will Be Late
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.
Neiman Marcus deal triggers another round of layoffs at Saks Global
The company in July also downsized operations in anticipation of the $2.7 billion acquisition, which closed at the end of last year.
Saks Fifth Avenue owner to close Neiman Marcus’ landmarked flagship store
There’s no way all of us are needed,” one Neiman executive told The Post. “We’re all trying to stay focused on our jobs while facing reality that at some point there will
Will the Neiman Marcus Flagship in Dallas Survive After All?
The City of Dallas has taken over the parcel of land, which local officials say paves the way for Neiman Marcus downtown to remain open.
Who is the landlord in the dispute over the downtown Dallas Neiman Marcus?
The downtown Neiman Marcus store is set to close in a matter of weeks after a dispute with a landlord under a small section of the store. The planned shuttering, which brought shock and dismay to locals,
Is the Downtown Dallas Neiman Marcus saved? City officials announced a new deal
The group said all ground leases under the downtown Neiman Marcus building were affirmed during the company’s bankruptcy with the exception of the Slaughter lease. Their 99-year ground lease ended Jan. 31, 2025 and was extended through March 31, 2025, according to a letter from the group.
Neiman Marcus saved, iconic downtown Dallas location to remain open
The flagship Neiman Marcus store in Downtown Dallas will remain open after an agreement was reached with the Slaughter family and the City of Dallas. In February the the company’s new owners, Saks Global, announced they were being forced to close the landmark location.
Dallas leaders turn on pressure to keep Neiman Marcus downtown
A letter will call for Saks Global and property owners to meet next week and hammer out a solution that keeps the downtown building open for business.
Neiman Marcus flagship store could remain open in Downtown Dallas after lease deal reached
Neiman Marcus' flagship store in Downtown Dallas might not be closing after all. On Wednesday, Downtown Dallas Inc. announced that a parcel of land the historic building stands on will be donated to the city when the department store's ground lease expires on March 31.
Downtown Neiman Marcus store could stay open after land deal reached
The city says this could clear the way for Neiman to stay open in downtown Dallas but a lot of big questions remain.
Saks Global is cutting some roles amid the integration with Neiman Marcus
Saks Global, after its acquisition of Neiman Marcus Group, is trimming the workforce. The luxury department store company is ...
Is The Saks/Neiman’s Merger Already In Trouble?
I wrote that a Saks/Neiman Marcus merger seemed inevitable. I didn’t see this as an exciting development, but one largely ...
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Neiman Marcus Dallas flagship will close despite city’s intervention
Owner Saks Global had blamed the closure on a lease dispute but says its plans remain even though civic leaders have brokered ...
The ‘shocking’ closure of Neiman Marcus ends an era. Where does it go from here?
For a century, downtown Dallas’ “One Marcus Place” has been a hub of the global fashion scene. Names like Coco Chanel, ...
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Saks Global’s vendor trouble hints at financial vulnerability
Ahead of the $2.7 billion merger of Saks Fifth Avenue and Neiman Marcus late last year, some analysts warned that broken-down vendor relationships had already impeded inventory management and ...