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Neiman Marcus owner reaches last-minute deal to keep landmark Dallas store open

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Neiman Marcus owner reaches last-minute deal to keep landmark Dallas store open


The Neiman Marcus store in Dallas on Friday got a last-minute reprieve from having to close its doors for good in a deal aimed to buy the city more time to “reimagine” a new future for the retailer’s landmark building.

City officials and the retailer’s owner, Saks Global, announced on Friday that the department store will remain open until the end of the year — instead of closing on Monday.

The agreement caps off more than a month of testy public statements by both sides over a bizarre lease dispute concerning a sliver of the building — which houses the original store– under the down escalator of the nine-story building.

The century-old Neiman Marcus store is considered a retail icon in Dallas. LARRY W SMITH/EPA-EFE/Shutterstock

Barbs were exchanged for weeks and even press conferences were held outside the store by the Dallas Consortium, a group tasked with keeping the store open, which accused Saks Global of lying about its stated reason for closing the beloved department store and of unfairly taking a portrait of the store’s founder, Stanley Marcus, to NYC.

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Terms of the deal, including any tax incentives the city may have offered, were not announced. But the idea is to “reimagine” the store and put the space to other uses.

The talks come as city officials are looking to revive the downtown area, of which the historic retail icon is considered an anchor.

Store employees learned that their jobs were saved – at least temporarily – this morning at a store-wide meeting, The Post has learned.

Richard Baker, chairman of Saks Global, attended a crucial meeting in Dallas on March 24. Getty Images for HBC Foundation

The about-face comes after a group of Saks Global executives, including executive chairman, Richard Baker, met with Dallas officials in the city on March 24 to discuss a contentious lease that was the stated reason for the store closing.

The agreement buys Neiman Marcus and its popular Zodiac Room restaurant more time, but it’s unclear what will happen at the end of the year when the store is expected to close, according to a source with knowledge of the deal.

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Between now and then, city officials and Saks Global will discuss potential concepts for the space, including a “luxury retail experience, a curated art exhibition, and a fashion and event center,” according to the statement. The proposals also include “an incubator for fashion design and manufacturing in Downtown Dallas.”

Marc Metrick is the chief executive of Saks Global, which acquired Neiman Marcus in a $2.6 billion deal in December. Getty Images

“As we explore opportunities for the Downtown store, along with a planned renovation at the [nearby] NorthPark store, we will evaluate the opportunity to utilize both locations to serve different customer needs in the Dallas market,”  Marc Metrick, chief executive of Saks Global said in a statement. 

The building is owned by Saks Global and several other landlords who own smaller portions of the ground lease. One of those landlords, Slaughter Partners, owns a 2,500-square of land under the escalator.

That landlord had terminated Saks Global’s lease, sparking the store closure announcement in February.

Dallas officials held press conferences outside the store in an effort to pressure Saks Global to keep the store open. LARRY W SMITH/EPA-EFE/Shutterstock
The Dallas store is considered a linchpin to the city’s revitalization plan. LARRY W SMITH/EPA-EFE/Shutterstock

But Slaughter reportedly donated its portion of the building last month to the city of Dallas to keep the store open.

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At the time Saks Global, which acquired Neiman Marcus in a $2.65 billion deal in December contended that it had “not received any documentation regarding an agreement between Slaughter Partners and the City of Dallas, and how this new agreement would affect the property, its other owners  and the store’s ability to operate.”

“We are excited that Saks Global has decided to keep Neiman Marcus open downtown, as we explore the opportunity to unlock the potential to transform downtown into an international beacon and economic engine for fashion – just as the Neiman Marcus founders intended when they opened the store more than 100 years ago,” Dallas City Manager Kimberly Bizor Tolbert said in a statement. “We look forward to exploring what‘s on the horizon and are committed to continuing our conversations with the Saks Global team.” 



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Dallas, TX

Public frustration grows as Dallas leaders debate billion‑dollar City Hall fix or relocation

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Public frustration grows as Dallas leaders debate billion‑dollar City Hall fix or relocation


Dallas City Council members spent the day hearing hours of public criticism as they weigh whether to spend roughly $1 billion to repair the aging, 50‑year‑old City Hall or pursue a plan to move out entirely. The meeting grew tense as residents voiced mistrust over the council’s motives, prompting members to suspend normal rules and allow anyone in the chamber to speak. Speakers questioned whether the push to relocate serves the public or private developers, while city staff prepared to present cost and feasibility details during what is expected to be a long evening session.



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Dallas, TX

Hip-hop hitmaker Cardi B coming to AAC in Dallas

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Hip-hop hitmaker Cardi B coming to AAC in Dallas


Cardi B, one of hip-hop’s most outsize personalities — and one of its most reliable hitmakers — is coming to Dallas.

The New York City-born rapper broke through in 2017 with the hit single “Bodak Yellow,” launching a chart-topping run that soon included “I Like It” and the blockbuster hit “WAP.” Her Grammy-winning debut album, Invasion of Privacy, cemented her as a defining voice in contemporary rap, blending brash humor, confessional storytelling and club-ready production.

The 33-year-old’s success helped boost the profile of women in a genre long dominated by men, encouraging record labels to sign more female rappers. She has frequently teamed up with rising female artists, including GloRilla, FendiDa Rappa and “WAP” collaborator Megan Thee Stallion.

Cardi’s stop at American Airlines Center is part of the arena run supporting her second studio album, 2025’s Am I the Drama? Recent shows in the “Little Miss Drama Tour” have leaned into spectacle, with elaborate staging, surprise guest appearances and a set list that spans her entire career.

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Fans can expect a high-energy performance built around booming trap beats, pop hooks and Cardi’s signature unfiltered banter — the same mix that has helped her sell out dates across the tour and turn concerts into party-like events.

DETAILS: March 7 at 7:30 p.m. at American Airlines Center in Dallas. Tickets start at $334.10, but some verified resale tickets are cheaper. ticketmaster.com.

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Pop legend Diana Ross performs March 7 at the WinStar World Casino in Thackerville, Oklahoma.

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OTHER CONCERTS

Bluesy psychedelic rock band All Them Witches performs March 7 at House of Blues Dallas.

Bluesy psychedelic rock band All Them Witches performs March 7 at House of Blues Dallas.

Travis Pinson

ALL THEM WITCHES March 7 at 8 p.m. at House of Blues Dallas. ticketmaster.com.

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DIANA ROSS March 7 at 8 p.m. at WinStar World Casino in Thackerville, Okla. winstar.com.

RICH BRIAN March 7 at 8 p.m. at The Bomb Factory in Deep Ellum. axs.com.

TRACE ADKINS March 7 at 10 p.m. at Billy Bob’s Texas in Fort Worth. billybobstexas.com.

AFROJACK March 8 at 3 p.m. at It’ll Do Club in Deep Ellum. eventbrite.com.

LITHE March 8 at 8 p.m. at House of Blues Dallas. ticketmaster.com.

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CONAN GRAY March 10 at 8 p.m. at Dickies Arena in Fort Worth. ticketmaster.com.

MATISYAHU March 10 at 8 p.m. at the Granada Theater in Dallas. prekindle.com.

OUR LADY PEACE, WITH THE VERVE PIPE March 12 at 8 p.m. at Tannahill’s Tavern and Music Hall in Fort Worth. ticketmaster.com.

PAUL WALL March 12 at 9 p.m. and March 13 at 10 p.m. at Billy Bob’s Texas in Fort Worth. billybobstexas.com.



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GOP candidates for Texas House face off in Collin County, Park Cities, North Dallas

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GOP candidates for Texas House face off in Collin County, Park Cities, North Dallas


The fiercest legislative primary fights Tuesday in North Texas were inside the GOP.

In Dallas County, two moderate GOP incumbent representatives faced challengers after being censured by their own county party.

In Collin County, several Republican state House members were fending off rivals running to their right.

The Dallas Morning News will provide live election results this evening when the polls close at 7 p.m. Results will be updated throughout the evening for statewide races and Dallas, Collin, Denton, Ellis, Kaufman, Rockwall and Tarrant counties.

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Dallas County, House District 108

Republican Morgan Meyer, first elected in 2014, was challenged by attorney Sanjay Narayan in a district that includes the Park Cities, Oak Lawn and Preston Hollow.

Narayan criticized Meyer for backing renewable energy expansion and for being censured by the Dallas GOP last year.

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Meyer was among House Republicans targeted after disputes over the House speaker vote and chamber rules. He and other lawmakers called the censure effort unconstitutional.

In the campaign, Meyer focused on property tax relief and emergency preparedness after the Camp Mystic tragedy.

Small business owner Allison Mitchell is unopposed in the Democratic primary.

Dallas County, House District 112

Republican Angie Chen Button, who has represented the district covering parts of Dallas, Richardson and Garland since 2009, drew three primary opponents.

Button has highlighted her support for small businesses and public schools and her bipartisan record. A senior member of the Ways and Means Committee, she would play a key role in the state’s property tax debate if reelected.

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Dallas-area delegation in the Texas House of Representatives on Sunday, May 30, 2021, showing State Rep. Angie Chen Button, R-Garland, in the chamber.

Bob Daemmrich / Bob Daemmrich/CapitolPressPhoto

Opponents Chad Carnahan and Tina Price attacked Button for being censured by the Dallas GOP last year, a move she and other lawmakers have criticized as an internal party power struggle.

Carnahan, a businessman, said he wants to lower property taxes and prevent Shariah in Texas.

Price said she would improve public schools and spur the re-use of old buildings. Also in the GOP race: Perry E. Barker Sr.

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Democrat Zach Herbert was unopposed.

Collin County, House District 61

Two Republicans are seeking to represent the district that covers most of McKinney and parts of Frisco and Celina.

Incumbent Keresa Richardson, who was elected in 2024, and former state Rep. Frederick Frazier both support eliminating property taxes.

Richardson, an entrepreneur, said she would expand the Texas voucher-like program for education.

Frazier, a former police officer and McKinney City Council member, was more cautious about expanding the program.

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Frederick Frazier speaks as Rep. Keresa Richardson looks on during a candidate forum for...

Frederick Frazier speaks as Rep. Keresa Richardson looks on during a candidate forum for Republicans in Collin County ahead of the March primary election at Prestonwood Baptist Church in Plano, Texas, Tuesday, February 10, 2026.

Anja Schlein / Special Contributor

Two political newcomers, Jackie Bescherer and Brittany Black, are running in the Democratic primary. Both oppose Texas’ voucher program and vow to increase public education funding.

Collin County, House District 67

Republican Rep. Jeff Leach, first elected in 2012, faces Matt Thorsen in a district that includes parts of Plano, Allen, McKinney and Melissa.

Leach has highlighted his conservative record, including legislation barring Shariah in Texas courts. He also served as a House impeachment manager during Attorney General Ken Paxton’s 2023 trial, a role he has defended amid backlash from activists.

Thorsen, a small business owner and former youth pastor, helped lead the effort to censure Leach last year. He has criticized Leach’s impeachment role and accused him of siding with Democrats on House rules.

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Both support eliminating property taxes, expanding education savings accounts and oppose the development formerly known as EPIC City. Two Democrats are also running, though the district has leaned Republican.

Collin County, House District 70

Three Republicans are competing for the nomination to run against incumbent Democrat Mihaela Plesa, who is running unopposed in her party’s primary.

Democrat Mihaela Plesa responds to questions during a District 70 Candidate Forum hosted by...

Democrat Mihaela Plesa responds to questions during a District 70 Candidate Forum hosted by Raise Your Hand Texas at Plano ISD Academy High School in Plano on Wednesday, Oct. 19, 2022.

Liesbeth Powers / Staff Photographer

George Flint, a former district judge and Collin County Republican Party Chair, emphasized eliminating property taxes and securing the border in his campaign.

Jack Ryan Gallagher, an attorney, said he would attract companies to North Texas, improve public schools and partner with local law enforcement if elected.

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Michael Hewitt, an attorney, said he would gradually lower property taxes and work to keep Texas a business-friendly state.

The district includes parts of Plano, Richardson and Far North Dallas.



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