The iconic Neiman Marcus flagship store, a cornerstone of downtown Dallas since 1914, will close its doors permanently on March 31 marking the end of an era in Texas retail history. The closure of the 1618 Main Street location represents more than just the loss of a department store.

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.