Lord & Taylor
Lord & Taylor is the oldest department store in America. However, this did not save it from financial problems. In 2019, the chain announced that it will close 9 locations, and the list includes the famous flagship store on Fifth Avenue. A lot of people believe that it is struggling because most locations are found in shopping malls. We already know that this is not doing retailers any favors. The company decided to partner with Walmart as a way to stay afloat. There are more than 125 name brands from Lord & Taylor on the Walmart website these days.
Lord & Taylor
Topshop
We are sure that you are familiar with the British fashion chain Topshop. It entered the American market in 2009 and received good reception. A decade after that, the company decided to close all physical stores even in major cities such as Miami, San Diego, Houston, Los Angeles, and Chicago. Even though there are no longer brick-and-mortar stores in the U.S., it is still possible to shop online and get their products from Nordstrom. What a relief it is to hear that!
Topshop
