Neiman Marcus is closing its downtown store after more than 100 years in the core of the city. The storied site on Main Street will shutter effective March 31, according to a statement from Saks Global,

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.

The news comes less than a year after Neiman Marcus’ merger with Saks Fifth Avenue and shortly after the announcement of the closing of their CityPlace offices.