Neiman Marcus Dallas flagship will close despite city’s intervention

Quick Summary:

Owner Saks Global had blamed the closure on a lease dispute but says its plans remain even though civic leaders have brokered a solution.

Neither Todd nor Saks Global immediately responded to questions about what exactly had held up the lease agreement, which had been set to expire on March 31.

And so we believe that it's crucial for Neiman Marcus to remain in this space and continue to serve as a cornerstone of our city's identity and a catalyst for ongoing growth.

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Article Details

Author / Journalist: Daphne Howland

Category: EconomyBusiness

Markets: United StatesIndia

Topics: Global Flagship Neiman Marcus Lease Downtown Saks Store City Dallas Consortium

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-26 @ 18:13:00 (19 hours ago)

News Timezone: GMT +8:00

News Source URL: retaildive.com

Language: English

Article Length: 693 words

Reading Time: 4 minutes read

Sentences: 30 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Retail Dive

News ID: 26467368

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Official Website: retaildive.com

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