Adjacent to Back Bay Station and the Boston Public Library, and connected to Prudential Center, Boston’s Neiman Marcus is almost as much of a North Star as the iconic landmarks that surround it.
Just days ago, the parent company of Neiman Marcus, Saks Global, announced they will close the Copley Place store.
Saks Global acquired Neiman Marcus in 2024. Saks Global’s portfolio includes Neiman Marcus, Bergdorf Goodman, and Saks Fifth Avenue, as well as their off-price counterparts, SAKS OFF 5TH and Neiman Marcus Last Call. They also own the home furnishings company, Horchow.
Neiman’s exits Massachusetts
In September 2022, the Neiman Marcus at Natick Mall shuttered its doors and was replaced by Bosse, a 100,000-square-foot pickleball space with chef-driven dining. This left the Boston location as the last Neiman Marcus store not just in the city but in the entire state.
In May 2020, Neiman Marcus filed for bankruptcy. Recently, following the acquisition, Saks Global also filed for bankruptcy due to debt from the acquisition. Saks Global is initiating a restructuring of the company to offset the $2.5 billion debt accrued from the acquisition in 2024. The Boston Neiman Marcus closing is part of a larger mitigation strategy that involves 9 store closings in the first rollout by Saks Global.
With this closing, Neiman Marcus maintains stores in 16 states, making the Westchester location in White Plains, New York the closest location to Boston, 3 hours away in total. Of course, the retailer is still available to shop online.
A new era for Copley Place
The group did not announce a date for the official closing, however Simon Property Group, the developer that owns Copley Place, did announce some of the new businesses that will take over the vacant space. The elevated Greek restaurant, Estiatorio Milos, beloved by celebs, will open in the space. Another restaurant and marketplace, Miami-born Casa Tua Cucina, will expand into the space with its first New England location. This move rounds out Casa Tua’s existing locations in Manhattan, Paris, Miami, and Aspen.
News of a store closeout sale to move merchandise has also not been released. Check back for updates.