The storied site on Main Street will shutter effective March 31, according to a statement from Saks Global, the new owner of Neiman Marcus. Despite yearslong negotiations, it received a notice from a landlord to terminate the occupancy, “forcing us to close,” the statement said.

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.