The firm that's behind a dispute that's caused the planning shuttering of the downtown Neiman Marcus has ties to Texas and history.
City of Dallas leaders are holding a press conference Tuesday morning to discuss the looming closure of the Downtown Dallas Neiman Marcus location.
The landlord behind the closure of the downtown Dallas Neiman Marcus appears to claim a fraction of the overall site.
In 2022, the retailer received $5.25M in city incentives to build its offices at CityPlace Tower and stay in Dallas. It is not yet clear what becomes of those funds.
Saks Global's challenges grow as it moves to cut costs and hold payments to vendors. Even more challenging, Saks trails in foot traffic to luxury department stores.