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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

Former Cowboys QB Craig Morton passes away at age 83

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Former Cowboys QB Craig Morton passes away at age 83


Morton started 15 games in 1972 for an injured Staubach, who eventually returned in the playoffs. The Cowboys decided to trade Morton in 1974 to the Giants, who sent back a first-round pick, which turned out to be the No. 2 overall pick in 1975. The Cowboys used that selection to take Randy White, a 10-time Pro Bowler and future Hall of Famer.

Ironically enough, White’s best game was likely Super Bowl XII, when he was named Co-MVP with Harvey Martin. The Cowboys’ Doomsday defense dominated the Broncos, who were quarterbacked by Morton.

Overall, Morton played for the Cowboys, Giants and Broncos before officially retiring at the end of the 1982 season.

His career ended with 27,908 passing yards, ranking him 71st in NFL history, just ahead of Hall of Famer Joe Namath (27,663).

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Dallas Cowboys Announce Opponent, Date & Time for Week 1 of 2026 NFL Season

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Dallas Cowboys Announce Opponent, Date & Time for Week 1 of 2026 NFL Season


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.

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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.

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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.

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Cowboys’ strength of schedule

Dallas Cowboys head coach Brian Schottenheimer. | Kevin Jairaj-Imagn Images

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.

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Dallas’ schedule is also the third-toughest in the NFC, and the most difficult in the NFC East.

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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.

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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.

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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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Caitlin Clark Responds to Dallas Wings Win Over Indiana Fever

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Caitlin Clark Responds to Dallas Wings Win Over Indiana Fever


Well, well, well. The Fever may have lost its season opener, but The Athletic certainly dedicated the majority of this post-game article to ol’ Caitlin Clark, not Paige Buekers. Or Arike Ogunbowale. Or Odyssey Sims, for that matter. Azzi doesn’t even get a mention. Listen, I have a vested interest in the Caitlin Clark name … Continued



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