Ppublic and private efforts to save the Neiman Marcus flagship store on Main Street have failed while the messy finger-pointing between civic leaders and
A spokesperson for Saks Global said the situation involving the City of Dallas and Neiman Marcus is "far more complicated" than the public has been led to believe.
The news comes after Neiman Marcus' parent company Saks Global last week doubled down on plans to close the 100-plus-year-old Downtown Dallas store in March.
Nearly a century ago, Neiman and Marcus signed a 99-year ground lease on a plot of land in Downtown Dallas owned by C.C. Slaughter, who was a close friend of both families. According to the release, Slaughter never intended to make money off of the lease, which never exceeded $400 per month. It had expired in January but was extended to March 31.
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 said it’s sticking to its decision to close Neiman Marcus’ historic flagship store in Dallas — despite local business leaders saying they have solved a thorny dispute with a landlord of the century-old landmark.
Given the uncertain future of the flagship Neiman Marcus, Ken Downing, Shelle Bagot Sills, Sandy Marple, and other longtime employees reminisce on its illustrious past.
The dust continued to be kicked up Tuesday afternoon as a public back-and-forth between Saks Global and Dallas civic and community leaders continued.
Neiman Marcus still plans to close its flagship downtown Dallas store, despite a deal that donated the land to the city. Saks Global, Neiman Marcus' owner since last year, told The Dallas Morning News plans to close the store had not changed hours after a ...
The store has been a staple in Dallas for over a century, helping cement the Texas city as a global fashion destination.
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.
The portrait was by artist William A. Foley Jr., according to his widow, who also believes it should be returned.