Saks Global's challenges grow as it moves to cut costs and hold payments to vendors. Even more challenging, Saks trails in foot traffic to luxury department stores.

In a news release, the company reaffirmed that the store will close on March 31, despite reports suggesting otherwise.

There’s no way all of us are needed,” one Neiman executive told The Post. “We’re all trying to stay focused on our jobs while facing reality that at some point there will

Neiman Marcus’ downtown store is still slated to close at the end of March, even after Dallas city and business leaders worked to resolve a landlord dispute.

Saks Global is doubling down on its decision to close the historic Neiman Marcus flagship in downtown Dallas. Last week, Saks officials said the decision to close the flagship was due to an inability to come to lease terms with a landlord over a small piece of the property.

Saks Global issued a statement on February 27 in response to what it called "false rumors" about the closure of the downtown Dallas Neiman Marcus. The company reiterated that the Neiman Marcus Downtown Dallas store will definitely close on March 31,

Saks Global announced at the end of last year that it had completed the acquisition of Neiman Marcus in a deal valued at about $2.7 billion. The tie-up could help the department stores as they look for new ways to keep and attract customers for luxury items while improving operations.

Saks Global said it’s sticking to its decision to close Neiman Marcus’ historic flagship store in Dallas — despite local business leaders saying they have solved a thorny dispute with a landlord of the century-old landmark.