Lord & Taylor
Lord & Taylor’s flagship store, which had been open for over a century, was closed last year. It’s the one on Fifth Avenue that you’re looking for. This year, unfortunately, more stores will close their doors. Lord & Taylor plans to close ten more stores in 2020, but they haven’t revealed which ones.
Lord & Taylor
Kohl’s
Kohl’s wanted to avoid the same fate as other mall retailers, so it will close four stores in or near malls this year. The company stated that the stores were “lower-performing,” and that employees at those locations would receive a severance package or a job at another location. The closures appeared to be a precautionary measure rather than a desperate necessity. The company intends to maintain the same number of locations by opening four smaller locations.
Kohl’s
