Particle.news

Download on the App Store

Neiman Marcus Dallas Flagship Secures Temporary Reprieve Through 2025 Holidays

Saks Global and Dallas officials reach last-minute agreement to keep the historic store open while exploring redevelopment plans.

  • Saks Global has decided to keep the Neiman Marcus flagship store in downtown Dallas open through the holiday 2025 season after a last-minute deal with city officials.
  • The agreement aims to reimagine the site, with proposals including luxury retail, art exhibitions, a fashion event center, and a fashion design incubator.
  • The store was initially slated to close on March 31, 2025, due to a lease dispute involving Slaughter Partners and broader financial challenges.
  • Dallas officials view the flagship as a key element in revitalizing the downtown area, emphasizing its cultural and economic significance.
  • Saks Global continues its broader restructuring efforts, including a $100 million renovation of the nearby NorthPark Center store, to optimize its retail portfolio.
Hero image