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.

As an editorial in this paper noted, the loss comes as “a painful reckoning that a part of who we are is going away.” When Neiman Marcus is gone, downtown — once a regional mecca of department stores — will have no such institution remaining.

The closure in downtown Dallas is not tied to the recent acquisition by Saks Global, according to an internal memo sent Feb. 18 to employees by Saks Global Operating Group CEO Marc Metrick acquired by the Morning News. Metrick in the memo blamed the closure on an inability to reach an agreement with the building's landlord.