13 Oct

Lord Taylor flagship counting down hours to closure

first_imgNEW YORK — After 104 years, the countdown is on for the last hours of Lord & Taylor’s flagship store on Fifth Avenue.The venerable department store famed for its animated holiday windows is shutting down Wednesday after a blowout sale that has left whole floors empty. Surviving floors still offer an assembly line of racks stuffed with clothes all going for $5.99 that once sold for as much as $100.The 11-story building has been sold to the We Work space-leasing company for more than $850 million.Forty-five other, smaller Lord & Taylor stores remain open, mostly on the East Coast. In addition, Lord & Taylor-branded merchandise is being sold online through the Walmart website.The brand is owned by Canadian corporate giant Hudson’s Bay Company.The Associated Presslast_img

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