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    A World of Country to Settle

    New numbers suggest Texas' stupefying growth could be slowing down

    John Egan
    Dec 29, 2017 | 9:39 am
    Texas flag
    Texas is still a red-hot place to live.
    Photo by by ctj71081

    Texas added nearly 400,000 residents from 2016 to 2017 — a little more than the current population of Arlington — but the state’s pace of growth has tapered off just a bit.

    From July 1, 2016, to July 1, 2017, Texas gained 399,734 residents, an increase of 1.4 percent, according to newly released estimates from the U.S. Census Bureau. The state’s population now exceeds 28.3 million.

    During the one-year period covered by the latest Census Bureau estimates, Texas picked up more residents than any other state. Next in line was Florida, adding 327,811 residents, followed by California (240,177 residents).

    The new population estimates don’t take into account the effects of Hurricane Harvey, which slammed the Texas Gulf Coast in late August.

    While the addition of nearly 400,000 residents from 2016 to 1017 is impressive, it’s a slowdown compared with the previous one-year spans. From 2015 to 2016, Texas gained 432,957 residents, a rise of 1.6 percent. From 2014 to 2015, Texas picked up 490,036 residents, a jump of 1.8 percent.

    Another twist in the latest population figures for Texas: From 2016 to 2017, the state’s population climbed more thanks to births than to new arrivals, a departure from the previous one-year period.

    For 2016-17, the gain of 209,690 residents in Texas was tied to natural growth (births minus deaths). Meanwhile, the addition of 189,580 residents was related to net migration (the number of people moving into Texas versus the number of people moving out of Texas). In 2015-16, the balance was weighted more toward net migration than it was natural growth.

    In July, Lawrence Wright, an Austin-based writer for The New Yorker, noted that “Texas has been growing at a stupefying rate for decades. The only state with more residents is California, and the number of Texans is projected to double by 2050, to 54.4 million, almost as many people as in California and New York combined.”

    Hispanics are key to Texas’ stupefying population growth. In June, the Texas Tribune reported that Texas gained more than three times as many Hispanic residents than whites from 2010 to 2016.

    texas
    news/city-life

    Department store news

    Neiman Marcus owner files bankruptcy, leaving Dallas stores' fate unclear

    John Egan
    Jan 14, 2026 | 2:12 pm
    Neiman Marcus
    Neiman Marcus
    The fate of the Neiman Marcus flagship in downtown Dallas is up in the air.

    The fate of stores operated by Saks Global, parent company of the Dallas-based Neiman Marcus luxury retail chain, is up in the air following its bankruptcy filing on January 13 in U.S. Bankruptcy Court in Houston.

    For the time being, all of the roughly 160 stores under the Saks Global umbrella, including Neiman Marcus’ 36 locations, will remain open. Seven of Neiman Marcus’ stores are in Texas, including four in Dallas-Fort Worth.

    The more than $2 billion in debt that Saks Global amassed to acquire Neiman Marcus in 2024 helped push the company into bankruptcy court. According to The Wall Street Journal, Saks Global is the highest-profile department store chain to file for Chapter 11 bankruptcy since the pandemic.

    As part of its Chapter 11 bankruptcy case, announced in a news release January 14, Saks Global has secured about $1.75 billion in financing to keep the company afloat and its stores open. A bankruptcy judge must approve the financing package.

    In announcing the bankruptcy, Saks Global says it’s evaluating its store lineup “to invest resources where it has the greatest long-term potential. This approach reflects an effort to focus the business in areas where [our] luxury retail brands are best positioned for sustainable growth.”

    Chapter 11 bankruptcy allows a business to reorganize its finances and operations. For retailers, the process can include cost-cutting moves such as closing poorly performing stores.

    Effectively immediately, Geoffroy van Raemdonck has taken over the CEO role at Saks Global — following the recent departures of CEO Marc Metrick and his short-time successor, Richard Baker. Van Raemdonck, who relocated in 2023 from Dallas to New York City, was CEO of Neiman Marcus before Saks Global bought it in 2024 for $2.7 billion.

    “This is a defining moment for Saks Global, and the path ahead presents a meaningful opportunity to strengthen the foundation of our business and position it for the future,” van Raemdonck says in a press release. “I look forward to serving as CEO and continuing to transform the [company] so that Saks Global continues to play a central role in shaping the future of luxury retail.”

    The most notable DFW location of Neiman Marcus is the chain’s 129,000-square-foot flagship store in downtown Dallas, which the retailer owns.

    Saks Global said last February that it would close the iconic store, which debuted in 1914, on March 31, 2025. But days before the scheduled closure, Saks reversed course and decided to keep the store open — at least temporarily rescuing two of the flagship’s signature features, the upscale Zodiac Room restaurant and the elegant Bridal Salon.

    Here’s a list of Neiman Marcus’ seven locations in Texas:

    • Flagship store in downtown Dallas.
    • NorthPark Center in North Dallas (slated to undergo a $100 million renovation).
    • Shops at Clearfork in Southwest Fort Worth.
    • Shops at Willow Bend in Plano (scheduled to close in January 2027).
    • Galleria in Houston’s Uptown District.
    • Domain Northside in North Austin.
    • Shops at La Cantera in Northwest San Antonio.

    The retailer’s lower-price sister, Neiman Marcus Last Call, closed most of its locations in 2020 and 2021, but five remain open. They include stores at Grapevine Mills in Dallas-Fort Worth and San Marcos Premium Outlets in the Austin metro area.

    In Texas, high-end retailer Saks Fifth Avenue operates one traditional store at The Galleria in Houston and another at North Star Mall in North San Antonio, along with one appointment-only store at Fort Worth’s Bowie House and another at Austin’s Commodore Perry Estate. Across the country, Saks Fifth Avenue operates about 50 traditional and appointment-only stores.

    Saks’ lower-price sister, Saks Off 5th, announced in November that it was shuttering nine locations, including its store at Gateway Shopping Center in Northwest Austin. The closures will bring the brand’s store count to 70.

    luxuryneiman marcussaks globalbankruptcyshopping
    news/city-life
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