Downtown Dallas Neiman Marcus to close for good, after all
Saks Global decided to close the century-old store over a year ago, but city leaders waged a war of words and won a reprieve.
Related Articles
Saks Global retreats from off price, closing most stores and all e-commerce
Just a dozen Saks Off 5th locations will stay open, and they’ll sell only residual inventory from Saks Fifth Avenue, Neiman Marcus and Bergdorf Goodman.
Saks Global brings back Neiman Marcus exec to oversee marketing, e-commerce
Cheryl Han, who joined Saks Global’s leadership early last year but left months later, has taken the dual role of chief marketing and digital officer.
Saks Global announces 15 more store closures, expands vendor base to 500
Three Neiman Marcus and 12 Saks Fifth Avenue locations will shutter. The luxury company, which is in bankruptcy court, said its fleet is likely now…
Who controls Saks Global’s IP?
Authentic Brands Group now owns 77% of the entity that controls a perpetual master license to Saks Fifth Avenue, Neiman Marcus and Bergdorf Goodman.
Consumer spending is healthy, but gas prices remain a risk
Higher-income shoppers have kept retail sales healthy, but the economic impact of the war in Iran presents an unknown, according to industry analysts.
Responses