The downtown Neiman Marcus store can stay open under a new deal after pressure from Dallas city and business leaders to save the century-old retail site. A local business group said it brokered a deal to keep the iconic downtown department store at its current site on Main Street,

"At first it felt like we were starting to plan a funeral without verifying the patient didn't have a glimmer of life left."

City of Dallas leaders are holding a press conference Tuesday morning to discuss the looming closure of the Downtown Dallas Neiman Marcus location.