Dallas, TX
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.
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.
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.
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.
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.”
“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.
But Slaughter reportedly donated its portion of the building last month to the city of Dallas to keep the store open.
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.”
With the official NFL schedule coming this week, the Dallas Cowboys have revealed when, where and against who their Week 1 contest will be.
The Cowboys announced that they will square off against the New York Giants on the road in Week 1, with the game set for Sunday, Sept. 13, at 7:20 p.m. CT. So, it’s prime time for the Cowboys to start the season.
This is the second game we know about for the Cowboys this year. Of course, we know they will be playing on Thanksgiving, also.
The official schedule will drop on May 14, the NFL announced last week. Schedules for all 32 teams will be revealed on ESPN and the NFL Network, but each team will unveil its own schedule on social media, also.
The Cowboys were always likely to play a road game in Week 1 because of an Usher and Chris Brown concert taking place at AT&T Stadium that week.
Dallas will also be impacted by an Ed Sheeran concert in Week 7, so that’s another potential road game. They could also play on Monday or Thursday that week, or have a bye.
Cowboys’ strength of schedule
According to Warren Sharp of Sharp Football Analysis, the Cowboys are not going to have an easy road to make the postseason.
The Cowboys have the fourth-toughest schedule in the NFL going into the 2026 season, with only the Arizona Cardinals, Miami Dolphins and Carolina Panthers having tougher slates.
Dallas’ schedule is also the third-toughest in the NFC, and the most difficult in the NFC East.
Sharp does his strength of schedule rankings based on win totals from Vegas oddsmakers rather than utilizing the previous season’s records because that metric doesn’t factor in offseason changes.
The Cowboys will play home games against the Jacksonville Jaguars, Arizona Cardinals, San Francisco 49ers, Tennessee Titans, Baltimore Ravens, Tampa Bay Buccaneers, New York Giants, Philadelphia Eagles and Washington Commanders.
On the road, Dallas will square off against the Giants, Eagles, Commanders, Houston Texans, Indianapolis Colts, Los Angeles Rams, Seattle Seahawks and Green Bay Packers.
Of those opponents, seven of them made the postseason in 2025, a list that includes the Jaguars, 49ers, Eagles, Texans, Rams, Seahawks and Packers.
All of those teams should be as good in 2026, and teams like the Colts, Titans, Ravens, Bucs, Giants and Commanders have a very real chance to be improved as well.
It won’t be an easy road for Dallas to get back to the playoffs in 2026, but there’s at least hope following a defensive overhaul.
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Dallas weather: May 10 morning forecast
Today is by far our most active day of the extended forecast. After our Red River Counties got some severe storms overnight, we expect a mostly quiet morning. Isolated storms are expected to start forming just after noon. The severe threat begins mid-afternoon in a more scattered fashion, before a cold front ushers in widespread rain and strong storms this evening.
DALLAS – A powerful cold front sweeping across North and Central Texas on Monday is expected to trigger a wave of severe thunderstorms capable of producing large hail, dangerous winds, and isolated flash flooding.
Severe weather in North Texas
Timeline:
The National Weather Service in Fort Worth warned that while showers and storms will begin developing Monday morning, the risk of severe weather will peak during the afternoon and evening hours as the front advances southward.
We are tracking two distinct phases of the storm system. Initial storms are expected to be “discrete,” or individual cells, which carry a high risk of large hail exceeding 2 inches in diameter. As the evening progresses, these individual storms are forecast to merge into a large cluster or broken line.
Once the storms consolidate, the primary threat will shift toward damaging straight-line winds. Forecasters warned that wind gusts could exceed 70 to 75 mph, speeds capable of downing trees, damaging roofs, and causing power outages.
In addition to the wind and hail threats, the system is expected to dump significant amounts of water. While most areas will see standard rainfall, there is a 10% to 15% chance that some locations could receive up to 4 inches of rain. Isolated flash flooding can happen over these locations.
Live Radar
We are watching how morning activity near the Red River might influence the speed of the cold front. The exact position of that front will be the primary factor in determining where the most intense storms initiate.
Residents are encouraged to monitor local forecasts and have multiple ways to receive weather warnings throughout the evening.
The front is expected to push through the region by Tuesday morning.
7-Day Forecast
The Source: Information in this article is from the National Weather Service and the FOX 4 Weather team.
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