Neiman Marcus's downtown Dallas flagship store, initially slated for closure on March 31, will remain open through the end of the year. The City of Dallas is working on a plan to keep the store open long-term, potentially involving a "reimagination" of the space.

Saks Global says it will keep the historic Downtown Dallas Neiman Marcus store open through the holidays and then reimagine the space for the future.

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