The historic Neiman Marcus flagship in downtown Dallas will close for good on Sept. 30 this year, Saks Global, the parent company of Neiman Marcus, revealed Tuesday.
The decision to close the location comes after negotiating for months upon the urging of the city of Dallas and local leaders to work out an arrangement for how the store could keep operating. Redeveloping the site with a downsized Neiman’s store and converting floors to galleries, an event space, even a theater, were considered at one point.
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This marks the fourth Neiman Marcus closing revealed since Saks Global went bankrupt in January this year. The other Neiman Marcus stores closing are in Honolulu; Topanga, Calif., and Boston.
In addition, Saks Global is or has closed 18 Saks Fifth Avenue stores, leaving 15 continuing to operate. The retailer also closed or is closing 57 Saks Off 5th stores, leaving just one dozen standing. With the four Neiman’s closings, 32 will continue to operate. Bankruptcy law enables retailers to close and break leases on weak or unprofitable stores without penalty.
“As we continue to take steps to secure a strong future for Neiman Marcus, our optimized store
footprint is aimed at aligning our go-forward presence with customer demand and preferences,” a Saks Global spokesperson said in a statement. “After a thorough evaluation, we have made the difficult decision to close the Neiman Marcus Downtown Dallas store on Sept. 30, 2026 and concentrate our resources where our customers prefer to shop. Dallas remains an incredibly important market for the Neiman Marcus brand, and our customers in the city and across the suburbs consistently choose to shop at our NorthPark location. We are committed to serving our loyal Dallas customers at NorthPark, where we plan to infuse elements celebrating the downtown store’s rich history.”
Saks Global said the decision on the downtown Dallas store is final and that its conversations with the city of Dallas had ended.
But Saks Global also indicated that Dallas remains an important market and that elements of the downtown store would be infused into the Neiman Marcus in the NorthPark Center. This includes reimagining the Neiman Marcus Café into The Zodiac Room, which was a very popular destination at the flagship, “and celebrating other important pieces of our history,” the company stated.
“We are in the process of confirming our long-term plan for the bridal salon but plan to service
brides out of the NorthPark store upon the closure of the downtown store,” the company indicated. “We are committed to fulfilling all active orders, providing alterations for any bride who has purchased with us, and are continuing to make new appointments… For our impacted team members, transfer opportunities to nearby Neiman Marcus locations will be offered where possible, and eligible colleagues who qualify will be offered appropriate separation packages.”
