While Neiman Marcus’ iconic flagship store in downtown Dallas got a stay of execution last month, the same can’t be said for ...

Saks Global, which acquired Neiman Marcus Group at the end of last year, is reducing its U.S. corporate workforce by 11%.

Neiman Marcus, founded in Texas in 1907, was recently acquired by Saks Global Enterprises. Saks is reportedly cutting jobs in ...

Saks Global Enterprises, owner of formely Dallas-based Neiman Marcus, said it’s considering raising more debt, seeking to ...

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The golden, gilded age of a great downtown department store may be over. But the exquisite posters commemorating its annual ...

An aura of legend exists around America’s mid-century department stores. The May Company in Los Angeles, for instance, had ...

Previously, Saks Global, which is headquartered in New York City, said it would also close the Dallas location of Neiman Marcus after acquiring the chain, due primarily to a land dispute.

Saks Global plans to lay off 550 workers as part of ongoing integration efforts following its Neiman Marcus acquisition.

As part of the integration of Neiman Marcus and Saks Fifth Avenue, there is now one team that oversees both luxury retailers.

The layoffs will mainly impact leadership and functional managers across the organization. Neiman Marcus parent company Saks Global is cutting hundreds of jobs in Dallas and New York as part of a ...