saks neiman marcus - Search News

Saks, Neiman Marcus and Downtown Dallas

Saks still plans to close downtown Neiman Marcus despite efforts to resolve lease issue

A local business group said it brokered a deal to keep the iconic downtown department store at its current site on Main Street, a week after Neiman Marcus' parent company announced that it would close the store after a dispute with a landlord.

CBS Texas on MSN · 22m

Neiman Marcus flagship store could remain open in Downtown Dallas after lease deal reached; Saks says plans to close have not changed

Neiman Marcus' parent company Saks says despite a land deal worked out between the downtown Dallas building's owner and the city, their plans to close the iconic location have not changed. A Saks Global spokesperson told CBS News Texas that plans for the flagship store have not changed.

Forbes · 8d

Saks Closes Neiman Marcus Headquarters And Tells Vendors Payments Will Be Late

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.

Saks Global, Neiman Marcus and Layoff

Dallas Morning News on MSN · 1d

Saks Global is cutting some roles amid the integration with Neiman Marcus

Saks Global announced at the end of last year that it had completed the acquisition of Neiman Marcus in a deal valued at about $2.7 billion. The tie-up could help the department stores as they look for new ways to keep and attract customers for luxury items while improving operations.

Retail Dive · 6h

Neiman Marcus deal triggers another round of layoffs at Saks Global

The company in July also downsized operations in anticipation of the $2.7 billion acquisition, which closed at the end of last year.

Bloomberg L.P. · 1d

Saks Global Is Laying Off About 5% of US Corporate Workers

Saks Global is laying off around 5% of its US corporate workforce, according to a person familiar with the plan, as the department store integrates its recent acquisition Neiman Marcus.

Is The Saks/Neiman’s Merger Already In Trouble?

I wrote that a Saks/Neiman Marcus merger seemed inevitable. I didn’t see this as an exciting development, but one largely ...

Neiman Marcus Closing in Downtown Dallas, Saks Seen Closing in Toronto

While the historic Neiman Marcus flagship in downtown Dallas will close, a major investment is being made to pump up the ...

2don MSN

The ‘shocking’ closure of Neiman Marcus ends an era. Where does it go from here?

For a century, downtown Dallas’ “One Marcus Place” has been a hub of the global fashion scene. Names like Coco Chanel, ...

Yahoo Finance2d

Saks Global’s vendor trouble hints at financial vulnerability

Ahead of the $2.7 billion merger of Saks Fifth Avenue and Neiman Marcus late last year, some analysts warned that broken-down vendor relationships had already impeded inventory management and ...

Results that may be inaccessible to you are currently showing.

Hide inaccessible results