Neiman Marcus downtown Dallas store wins stay of execution

Neiman Marcus flagship in Dallas
The Neiman Marcus Downtown Dallas store. (Source: Neiman Marcus)

Neiman Marcus will continue the operations of its Dallas flagship store, but with a new format.

The Neiman Marcus Downtown Dallas store will open through this year’s holiday season. It was previously set to close at the end of March after the landlord decided to terminate its occupancy.

The leadership of parent company Saks Global recently met with city officials to discuss a new format to serve customers while supporting the resurgence of Downtown Dallas.

Potential concepts include a luxury retail experience, a curated art exhibition, and a fashion and event center. The proposals also include an incubator for fashion design and manufacturing in the area.

“We deeply admire the city’s passion and unwavering dedication to Neiman Marcus’ storied legacy in Dallas,” said Marc Metrick, CEO of Saks Global.

“As we explore opportunities for the Downtown store, along with the planned renovation at the NorthPark store, we will evaluate the opportunity to utilize both locations to serve different customer needs in the Dallas market,” he continued.

Neiman Marcus opened its first store at the intersection of Elm Street and North Field Street in 1907. The chain opened its flagship store at Main Street and Ervay Street a few years later.

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