Downtown Neiman Marcus to stay open past holidays — but future uncertain

The downtown Dallas Neiman Marcus is set for a life beyond the holiday shopping season — as the future of the store is under review.

“We continue to have productive conversations with the city of Dallas to potentially reimagine the Neiman Marcus Downtown Dallas location,” Saks Global said in a statement. “The store will remain open past the 2025 holiday season while this process continues in 2026.”

The fate of the downtown Neiman Marcus has been in question among North Texans since early this year after it was set to close at the end of March. Yet following weeks of back and forth between the city and business officials and the company, a last-minute lifeline kept it open until the holiday shopping season.

At the time, the company was considering potential ideas for a new future with options that included “a luxury retail experience” along with a curated art exhibition and a fashion and event center.

D-FW Retail News

A photo illustration including David Boone, CEO of Irving based arts-and-crafts retail chain...

Saks Global announced late last year the finalization of the acquisition of Neiman Marcus Group for an enterprise value of $2.7 billion. The merger brought together two heavyweights in the luxury department market amid pressure from online choices and shifting shopping preferences.

The store in the heart of the city has been an icon for decades in Dallas as a stalwart of luxury and glamour, as it hosted celebrities and fashion icons. It’s also stood the test of time, remaining open even as the downtown area saw other store closures.

“We remain committed to serving our loyal Dallas customers,” Saks Global said on Tuesday.

51 recent restaurant closures in Dallas-Fort Worth in fall 2025