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.

There’s no way all of us are needed,” one Neiman executive told The Post. “We’re all trying to stay focused on our jobs while ...

After more than a century, Dallas-based luxury retailer Neiman Marcus is closing its flagship store in downtown Dallas at ...

The retailer’s parent company is pulling out of its 110-year-old flagship store and an 82,000-square-foot lease at CityPlace.

Herbert Marcus Sr., his sister, Carrie Marcus Neiman, and her husband A.L. Neiman opened the retailer's first store in Dallas, Texas, in 1907.