Saks Global, which is the parent company of Dallas-based Neiman Marcus, confirmed Thursday that they have sold the Willow Bend location in Plano.

A Saks Global spokesperson said in a statement:

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“We have sold the Neiman Marcus Willow Bend property to the developer that is reimagining The Shops at Willow Bend. The store will remain open until January 2027 as the developer progresses on various phases of the area’s reimagination. The sale was a mutual decision that allows the developer to bring its vision for the area to life, building on the retail foundation with the introduction of new residential, dining, and entertainment uses. This also provides our company with the opportunity to strategically reinvest in areas of our business that dri

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