The downtown Dallas Neiman Marcus will remain open through 2025 before the location is "reimagined" the company announced ...

Taylor said there were negotiations before extending the department store chain the loan, which was later reduced to $176 million following a partial repayment when HBC closed the purchase of luxury ...

More from WWD Hudson's Bay in Canada Files for Bankruptcy Protection, Initiates Restructuring Proceedings Saks Owner HBC Secures $2 Billion Bond to Buy Neiman's Katie Holmes ... multiple ...

Davidson Kempner manages nearly $40bn and has deployed a so-called “loan to own” strategy in high-profile situations involving the likes of retailers J Crew and Neiman Marcus where in both it swapped ...

The Dallas City Council voted Wednesday to approve the donation of the land, a move that was a key step in the effort to keep ...

Neiman Marcus's downtown Dallas flagship store, initially slated for closure on March 31, will remain open through the end of ...

Leaders from Saks and the City of Dallas came together during the last week of March to discuss the future and potential reimagining of the store. It appears the meeting resulted in a compromise to ...

Saks Global CEO Marc Metrick said this was not a last minute decision. He said work had been going on behind the scenes for ...