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.

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.

Neiman Marcus announced Tuesday it will close its flagship store in downtown Dallas after more than 100 years. The store will close March 31st after parent company Saks Global was ordered to terminate occupancy.