By WWD Staff on November 5, 2019
2019 isn’t even over, but it’s already been full of changes for the retail industry. Retailers provided plenty of headlines, from store bankruptcies to grand openings and multimillion-dollar deals. Scroll down to revisit some of the biggest retail news so far.
Lord & Taylor closed its flagship store on Manhattan’s Fifth Avenue on Jan. 2, 2019, after spending more than 100 years in the Midtown location. The 11-story, 650,000-square-foot flagship whittled down to just one floor by the end. A going-out-of-business sale started in October and didn’t leave much left.
The company wasn’t done making news in 2019: Hudson’s Bay Co. eventually sold Lord & Taylor, which closed several other locations this year, to Le Tote in a $75 million deal in August. (READ MORE)
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