I found out last month, that Lord and Taylor(owned by the May company, who owns Filene's, Kaufmann's, and others), is closing most if not all stores.
If you have any pictures, or memories of L&T, post here :)
I once parked my car at the Lord & Taylor in Boston and passed trough the store. It was the first time i went there, it looked upscale, i don't have much to say because i'm more interested by 'discount' stores :boring:
oh, well, it is upscale, and, it's retail, so I figured it'd be good to talk about. We have a topic on Filene's too
I also saw that news about Lord & Taylor, MAY Company has so many divisions, it must be hard to manage them all and think of strategy, marketing for each brand ...
Filene's, Hecht's, Famous-Barr, Strawbridge's, Foley's, L.S.Ayre, Meyer & Frank, Robinsons-May, Kaufmann's and so on... including the recently acquired Marshall's fields. :o
yup, and they also own David's Bridal.
At one time, May used to be a department store chain itself, but, they shut down all their stores, and started operating others.
And, in case anyone didn't know, Marshall Fields used to be owned by Target :)
Dayton's and Hudson's department stores were also converted to Marshall's Fields by Target in a move to consolidate their brands...
So, to keep with the subject: MAY ownsLord & Taylor and acquired Marshall's Fields !
heh, yup! :)_
hears a L&T Bag
AmesmanBBTB
Hey Lord & Taylor won my "Most illegible logo " award!:D
Speaking of Lord & Taylor, here's a news:
http://www.dsnretailingtoday.com/story.cfm?ID=5222
Federated could acquire May company !
Filene's, Foley's, Hecht's, Kaufmann's, Robinsons-May, Strawbridge's, Foley's, L.S.Ayre, Meyer & Frank, Kaufmann's, Marshall's Fields, Lord & Taylor, David's Bridal, After Hours, Priscilla of Boston, Jones Store. Bloomingdales, Macy's, Lazarus, Rich's, Goldsmith's, Burdines, Bon March
hears the one at the Danburry Mall in CT
QuoteOriginally posted by Caldor1999
hears the one at the Danburry Mall in CT
again this mall has SEARS MACYS JC PENNEY FILENES AND THIS STORE
QuoteOriginally posted by Zayre88
I also saw that news about Lord & Taylor, MAY Company has so many divisions, it must be hard to manage them all and think of strategy, marketing for each brand ...
Filene's, Hecht's, Famous-Barr, Strawbridge's, Foley's, L.S.Ayre, Meyer & Frank, Robinsons-May, Kaufmann's and so on... including the recently acquired Marshall's fields. :o
They even once had CALDOR AND VENTURE
Federated could buy May Company.... again (feb. 28)
http://www.businessweek.com/ap/financialnews/D88HHMCO1.htm
QuoteOriginally posted by Zayre88
Federated could buy May Company.... again (feb. 28)
http://www.businessweek.com/ap/financialnews/D88HHMCO1.htm
They did buy May. Oh well, another Company (will) bite(s) the dust.
i've got several of them by me,including stores in the Lakeforest mall In Gathiersburg,Maryland, and one in bethesda maryland,at White Flint Mall
there are two i know of that are closed in maryland, & they are both in baltimore.One is in the owings mills mall in owings mills,maryland,& the other one is at white marsh mall, in baltimore.
hears L T in the Palisades Mall
hear it is again
anouther pic
L T Logo
tis stores is kinda new it opened in 1998 along with the mall its self
Lord & Taylor With Filene's
There's one at the Walden Galleria..It opened in 1989, and in my 13 years of life I've never EVER been in that store.:o
L&T at Walden Galleria is nothing special. Looks similar to any other location. I must add though, they were not an original anchor when the mall opened in 1989. That store was added a few years later (somewhere around '92 or '93).
Original anchors at Galleria in May 1989 were: Sibley's (actually opened in Nov 1988 - replaced Seneca Mall store), JCPenney (replaced Seneca and Thruway Mall stores), Bonwit Teller (located on two levels where Bed Bath & Beyond and Old Navy currently are), and Sears (replaced Thruway Mall store). Lord & Taylor, Galyan's/Dick's, AM&A's/The Bon-Ton, Lechmere/DSW/JCP Home Store/Steve & Barry's...were all add-on anchors to the original.
Really?? Man, the L&T store looks way older than it is...very 80's looking. I remember you telling me the AM&A's/Bon-Ton opened in 1990-91. I remember when Bonwit Teller was open because we used to cut through it to get into the mall..I think it closed in 1997 maybe...Do you know when the old Lechmere was built? I emember that store well..:tumble:
Bonwit Teller had to have closed around '93. Old Navy opened up in '94 or '95 and Bonwit's was gone by then. LL Berger used to have it's own entrance from outside that was located on the lower level of the parking garage in the back just next to JCPenney. It was right near Bonwit Teller and Penney's...pretty much right in the middle of them. I forget what went in there after Berger's closed in '91...I think now it's where Finish Line is on the first floor.
I honestly can't remember when Lechmere was built but I would say around '92 probably.
oh...Well thre was some kind of anchor store in there because we used to walk thru it to get into the mall and it was all upscale and had REAL mannequins (Not the decapitated stuff). This was in around 1996.
Hey, the L.L Bergers enterance..after Bergers closed, wasn't that enterance taken over by Lechmere? I kinda remember because they put a little Lechmere sign above the door, I think it may have even been there after Lechmere closed.
Here's the Lord & Taylor at the mall..sorry it's a tad blurry, I caught it on the thruway.
Nope, the Lechmere entrance was located directly under Lechmere and actually led to an elevator that took you up to the store which was on the second level of the mall with the parking garage underneath it. I'll have to take a look next time I'm at the mall...I'm thinking the Berger's entrance might be sealed off now. I think there was a Filene's Basement (not related to Filene's) there for a short time during the mid-90's. After that, I don't think that entrance was used. Like I said, I believe Berger's was located on teh first floor, north of JCP, just before the court with Dick's in it. Finish Line *WAS* in there, but then moved directly upstairs, I think it might be the Pottery Barn now or something like that. Heh...I haven't been there in since xmas time...so I can't remember.
You probably wouldn't remember The Sample jag, it closed around 1991, but you might have heard of them. They were a local, family owned chain of smaller department stores. They had locations all over town, including their flagship on Hertel Ave. in North Buffalo. Their Galleria store was located right next to Sibley's. That store sat empty for a long time, but about five years ago or so, Kaufmann's took it over as their "Furniture Gallery" store. Talking about the galleria made me think of this old store so I thought I'd bring it up. Buffalo sure was a better place retail-wise not too long ago. Lots of local selections...now we are stuck with the same old.
Yah, Sample closed the year I was born so I wouldn't remember them, but I do remember the Lechmere elavator..we only used it once, but Lechmere was closed (Got to the mall a tad too late) so we never actually entered the store with it. I don't remember Sample, but I used to have a Sample box from the 70's or 80's, but of course my parents threw it out.:flaming: I never knew Kauff'n's H.S was Sample!!! That store sat vacant for most of the 1990's I think.
Wasn't there an entrance to Lechmere on the side of the building? On top of the parking garage. I remember using that when thew space was the JCPenney Home Store.
Yes there was an entrance on the south side of the Lechmere store on the second level. It currently is the entrance for Steve & Barry's.
idd thought idd post this b it was in the Closed stores section but since its still around thought idd post this topic
im not such a fan of there stuff i prefure Macys Nordstrom Filene and Bloomingdailes over them but there so so so much better then Sears and JC Penny
hears the danbury mall location still open:)
hears a daytime picture taken in june 2005
Macy's just needs to absorb this company name up and turn excisting locations into Macy's stores.
QuoteOriginally posted by HoJofan206
Macy's just needs to absorb this company name up and turn excisting locations into Macy's stores.
Lt is diffrebt from all the outher stores thatthe may company owns
like Fedrated has many outhers stores but only Macys and Bloomingdales stand out as diffrent
hears a lord & taylor in Stamford CT its a free standing location witch is cool heh the logo looks kida diffrent to's
I went in a Lord and Taylor store one time and it seemed that everything was over priced and I didnt see anything that I just couldnt live without. :no:
QuoteOriginally posted by Caldor1999
hears a lord & taylor in Stamford CT its a free standing location witch is cool heh the logo looks kida diffrent to's
That's the older logo. The closed Paramus, New Jersey store has that logo as well.
Here's the Albany, New York store, at Crossgates Mall. It closed in January I believe :( The building still looks the same, except that the logo was taken down :(
I think it is Macy's intentions to convert most of the stores they have accquired into the Macy's brand so that they have name recognition across the U.S. (Using the same Wal-Mart idea). Just an upscale mall retail version.
QuoteOriginally posted by amesman
Here's the Albany, New York store, at Crossgates Mall. It closed in January I believe :( The building still looks the same, except that the logo was taken down :(
i remeber seeing that when i went there it lloks just like teh danbury CT location i think that store would be a good space for a bloomingdales
QuoteOriginally posted by 76BraldorZayKamesfanBBTB
Lord & Taylor is not turning into Bloomingdales or anything like that not the whole company just the closed locations possibly
they closed many locations there still alot left though what i was saying ids that fomer lord & Taylor location would be good fopmr bloomingdales to move in thyere
Within the next 5 to 10 years, Lord and Taylor will be gone. I've read an article about the closing of about 20 stores within the past 8 months...
Lord & Taylor used to be in Columbus until a couple of months ago. Now the former space is being replaced by a department store company based in MN.
QuoteOriginally posted by 76BraldorZayKamesfanBBTB
QuoteOriginally posted by amesman
Within the next 5 to 10 years, Lord and Taylor will be gone. I've read an article about the closing of about 20 stores within the past 8 months...
How many locations do they have now?
i think abour 30 not that many its sad bbut ehh it happends but lets enjoy them for now:)
30 to 50 stores total, of about 70 to 80 stores as of at least 5 years ago.
Tell that to the May Company :P
Lord 7 Taylor should spin off as its own company Macys and Bloomingdales should do that to
QuoteThat's the older logo. The closed Paramus, New Jersey store has that logo as well.
It's easier to read than the current one!!
QuoteOriginally posted by Jag67
QuoteThat's the older logo. The closed Paramus, New Jersey store has that logo as well.
It's easier to read than the current one!!
lol yea thats true :insane:
more lt
mean while this logo is so so so so so hard to read:insane:
i showed one of my friend this picture and he sed what
WL TAY:insane:
hears what loooks to be a closed lord & taylor
Here's the Lord and Taylor at Carousel Center in Syracuse.
QuoteOriginally posted by amesman
Here's the Lord and Taylor at Carousel Center in Syracuse.
they all have the same look:)
I heard that the fate of Lord and TAylor will be decided at the end of 2005.
Well why did they close in Albany, Holyoke and PRovidence. They were bigger malls.
QuoteOriginally posted by d_fife
I heard that the fate of Lord and TAylor will be decided at the end of 2005.
Well why did they close in Albany, Holyoke and PRovidence. They were bigger malls.
\im sure tehy will stay around i hope or maby be sold of to Nrodstrom
QuoteOriginally posted by Caldor1999
QuoteOriginally posted by d_fife
I heard that the fate of Lord and TAylor will be decided at the end of 2005.
Well why did they close in Albany, Holyoke and PRovidence. They were bigger malls.
\im sure tehy will stay around i hope or maby be sold of to Nrodstrom
In a lot of those malls Nordstrom is a higher class store than Lord and tAylor.
QuoteOriginally posted by Caldor1999
hears what loooks to be a closed lord & taylor
I like those old time lights outside. Hey, does anyone have a picture of the King of Prussia Pa. Lord & Taylor in the King of Prussia Mall?
this lord and taylor is in Eatontown ( West Long Branch ) new jersey in the Monmouth Mall
from company listings of www.siteride.com
this lord and taylor is in Freehold new jersey in the Freehold Raceway Mall the store is about 90,000 square feet.
from company listings of www.siteride.com
Closed Lord & Taylors and what they are now:
Meriden Square Mall - now split between Dick's Sporting Goods and a rather small Best Buy
Providence Place Mall - JC Penney will open in spring 2006 according to mall officials
Holyoke Mall - vacant store with signs removed. Mall placed benches in front of mall entrance which has brown paper over the windows
Buckland Hills Mall - Became the New Filene's Home/Men's/Children's/Furniture Store. They used to have a Filene's Home Store in the old D&L. They moved out and redid Lord and Taylor.
i still wanna kanow what will happen to them
QuoteOriginally posted by Caldor1999
i still wanna kanow what will happen to them
we do not know yet what will happen to them.
QuoteOriginally posted by d_fife
QuoteOriginally posted by Caldor1999
i still wanna kanow what will happen to them
we do not know yet what will happen to them.
i never really liked them but i hope they do stay around
Schaumburg, IL.
http://www.angelfire.com/rnb/lecentre1/lordandtaylor.html
My new Lord & Taylor. Like it?
QuoteOriginally posted by storehistoryguy
My new Lord & Taylor. Like it?
lored & taylor is to high class to have a auto cenetr lol i think sears is good at that
QuoteOriginally posted by Caldor1999
QuoteOriginally posted by storehistoryguy
My new Lord & Taylor. Like it?
lored & taylor is to high class to have a auto cenetr lol i think sears is good at that
I know they don't have auto centers. I just decided to add that to make it different. I also made a new logo.
QuoteOriginally posted by dayville81
Closed Lord & Taylors and what they are now:
Meriden Square Mall - now split between Dick's Sporting Goods and a rather small Best Buy
Providence Place Mall - JC Penney will open in spring 2006 according to mall officials
Holyoke Mall - vacant store with signs removed. Mall placed benches in front of mall entrance which has brown paper over the windows
Buckland Hills Mall - Became the New Filene's Home/Men's/Children's/Furniture Store. They used to have a Filene's Home Store in the old D&L. They moved out and redid Lord and Taylor.
The Emerald Square mall in Attleboro Mass had a Lord & Taylor in the former Lechmere. The entire buiding had been gutted, new escalator installed, etc. Then it shut down. Filene's now has there bed & bath and men's departments in the building. I guess it will become Macy's once that transition is complete.
Is the Lord & Taylor in the Braintree Mall still in business?
Federated puts Lord & Taylor up for sale
Lisa Biank Fasig
Cincinnati Business Courier
Federated Department Stores Inc. is planning to sell off the venerated Lord & Taylor chain, the $1.6 billion group of upscale stores inherited through its August acquisition of May Co.
A deal is expected to be concluded by the end of 2006, though Federated (NYSE:FD) did not identify potential suitors of the 55-store chain. In the meantime, Lord & Taylor will be treated as a discontinued operation, not contributing to sales or profit. As a result, Cincinnati-based Federated expects fourth-quarter earnings from continuing operations to be reduced by 10 cents per share.
The announcement is not a surprise. Federated had made clear since acquiring May Co. for $17 billion that it was unsure of what it would do with the Lord & Taylor chain.
"After a thorough review, we have concluded that Lord & Taylor does not fit with our strategic focus for building the Macy's and Bloomingdale's national brands," Terry Lundgren, Federated's chairman and CEO, said in a press release. "However, Lord & Taylor is a niche specialty retailer with a great name, many outstanding locations, an experienced management team and a strong customer following that makes it a desirable business."
Asked why Lord & Taylor is not a good fit, company spokesman Jim Sluzewski explained the stores are on average smaller than Federated's department stores and that a considerable number operate in malls that also include a Macy's, creating too much overlap.
Sluzewski declined to provide a range of prices that Lord & Taylor could fetch, but said it will go as a whole business. The 180-year-old company operates one outlet at the Walden Galleria in Cheektowahga as well as additional stores in New York, New Jersey, Illinois, Massachusetts, Connecticut, Maryland, Virginia, Michigan, Pennsylvania, Missouri, Delaware, Florida and the District of Columbia. It employs 12,000.
"There's been a lot of interest as we announced that the division was being studied," Sluzewski said, "but we've not engaged in conversations with anyone."
The divestiture of Lord & Taylor will reduce the number of Federated's department stores to about 845 and result in a company of just two brands: Macy's and Bloomingdale's. The Macy's brand alone will count more than 800 locations and stretch from coast to coast.
Federated also is looking to sell the 700-store Bridal Group business acquired with May. The business operates the brands David's Bridal, After Hours Formalwear, and Priscilla of Boston. Sluzewski said he expects a deal to be finalized by the en of the year.
Goldman Sachs and JPMorgan Chase are advising Federated in the Lord & Taylor sale.
QuoteOriginally posted by amesman
Federated puts Lord & Taylor up for sale
Lisa Biank Fasig
Cincinnati Business Courier
Federated Department Stores Inc. is planning to sell off the venerated Lord & Taylor chain, the $1.6 billion group of upscale stores inherited through its August acquisition of May Co.
A deal is expected to be concluded by the end of 2006, though Federated (NYSE:FD) did not identify potential suitors of the 55-store chain. In the meantime, Lord & Taylor will be treated as a discontinued operation, not contributing to sales or profit. As a result, Cincinnati-based Federated expects fourth-quarter earnings from continuing operations to be reduced by 10 cents per share.
The announcement is not a surprise. Federated had made clear since acquiring May Co. for $17 billion that it was unsure of what it would do with the Lord & Taylor chain.
"After a thorough review, we have concluded that Lord & Taylor does not fit with our strategic focus for building the Macy's and Bloomingdale's national brands," Terry Lundgren, Federated's chairman and CEO, said in a press release. "However, Lord & Taylor is a niche specialty retailer with a great name, many outstanding locations, an experienced management team and a strong customer following that makes it a desirable business."
Asked why Lord & Taylor is not a good fit, company spokesman Jim Sluzewski explained the stores are on average smaller than Federated's department stores and that a considerable number operate in malls that also include a Macy's, creating too much overlap.
Sluzewski declined to provide a range of prices that Lord & Taylor could fetch, but said it will go as a whole business. The 180-year-old company operates one outlet at the Walden Galleria in Cheektowahga as well as additional stores in New York, New Jersey, Illinois, Massachusetts, Connecticut, Maryland, Virginia, Michigan, Pennsylvania, Missouri, Delaware, Florida and the District of Columbia. It employs 12,000.
"There's been a lot of interest as we announced that the division was being studied," Sluzewski said, "but we've not engaged in conversations with anyone."
The divestiture of Lord & Taylor will reduce the number of Federated's department stores to about 845 and result in a company of just two brands: Macy's and Bloomingdale's. The Macy's brand alone will count more than 800 locations and stretch from coast to coast.
Federated also is looking to sell the 700-store Bridal Group business acquired with May. The business operates the brands David's Bridal, After Hours Formalwear, and Priscilla of Boston. Sluzewski said he expects a deal to be finalized by the en of the year.
Goldman Sachs and JPMorgan Chase are advising Federated in the Lord & Taylor sale.
i wonder hwat copNay is gonna run it and i wonder if there still gonna keep the LT storwes maby Nordtsom will buy them ou or something
read this article of the one in danbury ct
from http://news.newstimeslive.com/story.php?id=78809&category=Local
2006-01-17
Another anchor away?
Lord & Taylor sale could change mall's look
By Robert Gold
THE NEWS-TIMES
DANBURY ? In less than two weeks, Filene's will start its final round of sales before closing at Danbury Fair mall. And another momentous change could be just around the corner.
Federated Department Stores announced last week it's selling all 55 Lord & Taylor stores, which includes a location in the Danbury mall. Depending on the buyer, the store could continue on or meet the fate of Filene's.
By the end of the year, two of the mall's five anchor stores could be gone.
What happens next at the mall?
Currently, all five anchor stores ? including Sears, JC Penney and Macy's ? are department stores. While mall officials weren't talking Monday, some economic observers think possible replacements for Filene's and Lord & Taylor might not be traditional department stores.
Possibilities include large specialty stores such as Burlington Coat Factory, a movie theater multiplex or several restaurants.
"It could end up being a different way of looking at anchor space," said Stephen Bull, president of the Greater Danbury Area Chamber of Commerce.
Bull said the mall's popularity should entice new tenants.
Drawing its base from New York and western Connecticut, the 180-store mall attracts an estimated 10 million people every year. It's widely considered one of the most profitable malls in the region.
According to research on the mall's Web site, the average household income of Danbury area residents is more than $112,000, compared to roughly the $65,000 nationwide average.
"It's always been a successful mall," said Fred Maidment, an associate professor of management at Western Connecticut State University.
The changes at Danbury Fair mall started when Federated Department Stores bought May Department Stores last fall. May had owned Filene's and the somewhat more upscale Lord & Taylor.
Federated, which owns Macy's, decided to close seven Filene's, including the Danbury locations. The 40 others are being converted into Macy's stores.
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Federated spokesman Jim Sluzewski said closing sales will began at the Danbury Filene's starting Jan. 29. When the merchandise runs out, it will close. No buyer has been picked yet, he said.
Most of the 270 employees have or will be offered jobs elsewhere, company officials have said.
Sluzewski said the Filene's locations could possibly be sold to different owners. But Federated wants to sell the Lord & Taylor stores as one package he said.
Federated officials said they are selling Lord & Taylor because they want to focus on their other department stores, Macy's and Bloomingdales.
Sluzewski said the 70,000 square-foot Danbury Lord & Taylor is too small for a full department store. Macy's occupies about 241,000 square feet of the 1.2 million-square-foot mall. Filene's takes up about 172,000 square-feet.
Sluzewski said Federated would even consider selling to competitors. "That's not out of the question. We are talking to retailers, we are talking to developers," he said.
Several observers have said more upscale retailers like Nordstrom or Saks Fifth Avenue could fill the department store void.
Shoppers were surprised to hear Monday that the future of Lord & Taylor might be up in the air.
"I like it (Lord & Taylor) because it has higher end brands you can't get at other department stores," said Brookfield High School senior Anna Goddard. She likes the brand Free People. "(The store) has nice tank tops and sweaters."
Goddard said she wasn't sure what type of business she would choose to fill the vacant mall space, but she said a theater would be a nice idea.
Her father, Dean Goddard of Millbrook, N.Y., said he could tell Lord & Taylor was going downhill because the quality of merchandise over Christmas was "mediocre." He bought some Christmas presents there.
"Lord & Taylor used to mean quality," Goddard said of a chain that debuted in 1826. It always "has been associated with high quality, the name, more so than Macy's or Filene's. It ranks up there with Brooks Brothers in sales and now it's gone."
While another department store is a possibility, more and more malls are turning to other stores.
According to a 2005 report from the International Council of Shopping Centers, an industry trade group, about one-fifth of mall anchor stores are not department stores. Alternatives include cinemas, sporting good stores, large-scale restaurants and discounters like Wal-Mart or Target.
Malls are focusing less on department stores because several mainstays, such as Montgomery Ward and Alexander's, went out of business in recent years.
"I think you'll see someone take their space," WestConn's Maidment said of Lord & Taylor and Filene's. "I think you'll see a more specialized operation take the space than a general, traditional stores take that space."
Maidment said it's harder for traditional department stores to stay competitive as more retailers, ranging from Wal-Mart to JC Penney, offer higher-priced name brands.
He suggested that stores with more focused inventories, such as L.L. Bean or Burlington Coat Factory, could be options.
"It won't be going head to head with Macy's," he said.
Staff writer Heather Barr contributed to this report.
Contact Robert Gold
at rgold@newstimes.com
here is the indoor image of the lord and taylor in the walden galleria in buffalo new york
from http://www.buffalonews.com/editorial/20060113/1054559.asp
Not sure why The News put that picture in the paper the day L&T's sale was announced and not one of the actual store - but that is NOT the Galleria store. It's much older - you can tell the logo is an older version than the current one (which is the logo at Galleria and has been since the store opened in 1991).
I'm guessing they piggybacked on an AP story that included that picture.
yeah, the Walden Galleria store has the logo to each side of the inner entrance, just like the former Albany store, and the Syracuse location.
hears the Danbury CT One
Here is a picture of the Westfield, New Jersey Lord and Taylor:
(http://i9.photobucket.com/albums/a96/KyleRF/LordandTaylorofWestfield.jpg)
As for the logo of the Lord and Taylor of Stamford, CT, the same one is on the Lord and Taylor in Boston.
Three things.
First, there are 2 Lord and Taylor's in Paramus, New Jersey, and they are both open. There is a freestanding one further up Route 17 that is closed off from a mall.
Second, I will upload a picture of the King of Prussia Lord and Taylor. It looks like the same one at Freehold Raceway Mall, although the actual building is tan.
Third, what location is that Lord and Taylor that is closed down at?
Does anyone have pics for the Lord and Taylor at Scarsdale, New York the one in Washington, DC, or the one in Bala Cynwyd, Pennsylvania?
This is a pic of the Lord and Taylor of the Fashion Center in Paramus, New Jersey. It looks really old and does not have the entrances most Lord and Taylor's have today. It also has the old logo and reminds me a lot of the Lord and Taylor of Boston store.
And yes, it is still open. I went to it yesterday.
(http://i9.photobucket.com/albums/a96/KyleRF/LordandTaylorofFashionCenter.jpg)
Someone said something about the Braintree Mall Lord and Taylor.
When I was in Boston last month, I went to the South Shore Mall and it was still open, and quite crowded too.
QuoteOriginally posted by KyleRF
This is a pic of the Lord and Taylor of the Fashion Center in Paramus, New Jersey. It looks really old and does not have the entrances most Lord and Taylor's have today. It also has the old logo and reminds me a lot of the Lord and Taylor of Boston store.
And yes, it is still open. I went to it yesterday.
(http://i9.photobucket.com/albums/a96/KyleRF/LordandTaylorofFashionCenter.jpg)
the stamford CT lord&Taylor has that same logo to this one is stand alone
Someone said the Walden Galleria has the old logo.
Stores that I know have the old logo (Walden doesn't):
1. Fashion Center in Paramus
2. Boylston Street in Boston
3. Stamford
Anymore stores that anyone knows of?
QuoteOriginally posted by KyleRF
Someone said the Walden Galleria has the old logo.
Stores that I know have the old logo (Walden doesn't):
1. Fashion Center in Paramus
2. Boylston Street in Boston
3. Stamford
Anymore stores that anyone knows of?
the old logo is more readbul then the new one lol
that's true. suprisingly, my friend in Canada read the new Lord and Taylor logo and said the right name! :yup:
It's not Times New Roman...but I don't think it's too surprising that someone from Canada, or anywhere for that matter, could come up with what the logo is saying. You'd have to be a complete moron to not be able to look at that for a second or so and figure out the words. Plus, I would venture to say that a large chunk of people have heard the name Lord & Taylor before.
The Walden Galleria is very close to Canada isn't it?
And by the way,
The Lord and Taylor in Rockaway looks almost exactly like the one in Danbury.
Are there any Lord and Taylors opening soon?
QuoteOriginally posted by KyleRF
Are there any Lord and Taylors opening soon?
there are not any opening soon and probably won't be opening new stores. they seem to be in regression mode.
here is the lord and taylor clereance center in the levittown new york
from http://www.siteride.com/srpl/p_snapshot.pl?lm=listing&resbox=1140396182&subNum=10211001102
Since when does Lord and Taylor have a clearance outlet?
Here is the Lord and Taylor in Scarsdale, New York.
(Notice the old, readable logo)
(http://i9.photobucket.com/albums/a96/KyleRF/LordandTaylorofScarsdale.jpg)
Here is the Lord and Taylor in my home town of Wayne, New Jersey.
(http://i9.photobucket.com/albums/a96/KyleRF/WillowbrookMall.jpg)
Here is the Lord and Taylor of Woodbridge, New Jersey
Lord and Taylor in Lawrenceville, New Jersey.
Lord and Taylor of Paramus, NJ (Garden State Plaza)
Lord and Taylor of Bridgewater, New Jersey (my favorite one)
Lord and Taylor of Livingston, New Jersey (on the right of Macy's)
Long Island, NY
Boston, MA
They have the old logo's! By the way, I will upload a picture of the South Shore location soon. It has the new logo.
Lord and Taylor of Bala Cynwyd, Pennsylvania. Old logo location.
Someone tell me where that closed Lord and Taylor on page 2 of this Lord and Taylor thread is and they will be rewarded if it is true!
(Could it be Jenkintown, Pennsylvania, that closed in 1989?)
Anyone with true information please post. Thanks.
here is a lord and taylor that closed in pittsburgh pa
from Len Boselovic and dan fitzpatrick and Ben Bensolvic http://www.post-gazette.com/pg/03212/207441.stm
here is the lord and taylor in watertower place in chicago il
from http://www.angelfire.com/rnb/lecentre1/lordandtaylor.html
http://finanzen.net/news/news_detail.asp?NewsNr=380006
says Federated to Close or Convert Six Lord & Taylor Stores; Center City Philadelphia Lord & Taylor to become Macy's
10.03.2006 15:00:00
Federated Department Stores, Inc. (NYSE:FD)(PCX:FD)today announced it will close five underperforming Lord & Taylorstores and convert one other to Macy's.
The following stores will close in late July or early August 2006following the completion of clearance sales that are scheduled tobegin April 30:
-- St. Louis Galleria, St. Louis, MO (115,000 square feet; opened in 1991; 114 employees);
-- West County, St. Louis, MO (140,000 square feet; opened in 2002; 117 employees);
-- Christiana Mall, Newark, DE (129,000 square feet; opened 1997; 131 employees);
-- Fairlane Town Center, Dearborn, MI (122,000 square feet; opened 1978; 131 employees);
-- Northshore Mall, Peabody, MA (114,000 square feet; opened in 1993; 122 employees).
In addition, Federated will convert the current Lord & Taylorstore in downtown Philadelphia (354,000 square feet; opened in 1997;198 employees) to a Macy's. This Lord & Taylor is expected to close onor about June 1, 2006, after completion of a clearance sale thatbegins April 2. It will open as Macy's on or about Aug. 1, 2006,following some minor remodeling.
The Strawbridge's store in downtown Philadelphia (621,000 squarefeet; opened in 1868; 310 employees) will close on or about June 1,2006, after completion of a clearance sale that will begin April 2.Federated will seek buyers or replacement tenants for space currentlyoccupied by Strawbridge's.
Employees at all Lord & Taylor stores to be closed will beeligible for severance and outplacement assistance. In addition,employees of both downtown Philadelphia stores will be given firstconsideration for positions to be created at the new downtown Macy'sstore and surrounding Macy's locations.
The remaining 49 Lord & Taylor stores in New Jersey, New York,Illinois, Massachusetts, Connecticut, Maryland, Virginia, Michigan,Pennsylvania, Florida and the District of Columbia will remain openand operating. As previously announced, Federated continues to pursuedivestiture of its Lord & Taylor division, and a transaction isexpected before the end of 2006.
Federated acquired Lord & Taylor in August 2005 as part of itsmerger with The May Department Stores Company.
I wonder what will happen when they get taken over by another chain. Perhaps they will open up new stores.
At least the Lord and Taylor's in New Jersey are staying open for now.
Please let us know if any other stores close.
here is the 150,000 sf Lord and taylor in the garden state plaza in paramus nj on the junctions of state highways 4 and 17.
from http://www.siteride.com/srpl/p_snapshot.pl?lm=listing&resbox=1142040951&subNum=40205000004
Here is the Lord and Taylor of Rockaway, New Jersey. It may be kind of hard to see, but on the left side of the building is the logo. Reminds me of the Danbury location.
Here is the Lord and Taylor of Bayshore, New York. Notice how easy it is to read.
Here is the Lord and Taylor of Sterling, Virginia in the Dulles Town Center.
Here is the Lord and Taylor in Washington, DC, at the Chevy Chase Shopping Center.
Here is the Lord and Taylor that will be closed soon in St. Louis, Missouri
This was the Lord and Taylor at the Crabtree Valley Mall in Raleigh, North Carolina.
More Lord and Taylor pics coming soon: King of Prussia, Wayne, Boston
Any more locations you want me to find? Post here.
how come lord and taylor never had any in new hampshire? the first time I saw one was in early 1995 when I went to the natick mall.
I still do not know what they will do when lord and taylor is sold.
What does the Natick Mall location look like?
Here is the Lord and Taylor of Oak Brook, Illinois
Looks like the Fashion Center in Paramus, New Jersey, location, but with the new logo.
QuoteOriginally posted by KyleRF
What does the Natick Mall location look like?
it looks like most of the 1990s ones.
Do you have any pics of Natick or South Shore in Mass. locations?
South Shore looks like Bridgewater Commons.
QuoteOriginally posted by KyleRF
Do you have any pics of Natick or South Shore in Mass. locations?
South Shore looks like Bridgewater Commons.
yes I do. But it will take a while from now to upload them and that may not be done for days. how often do you shop at lord and taylor and I am still confused on how is more posh: lord and taylor or nordstrom and bloomingdale's?
I shop there quite often, usually at the Bridgewater, Garden State Plaza, or Rockaway location. I would pick Lord and Taylor over the other 2 stores, as it is cheaper and still carries good brands. They have good colognes too! :D
QuoteOriginally posted by KyleRF
I shop there quite often, usually at the Bridgewater, Garden State Plaza, or Rockaway location. I would pick Lord and Taylor over the other 2 stores, as it is cheaper and still carries good brands. They have good colognes too! :D
I think lord and taylor is between JC Penny or Macy's and Nordstrom. I do not shop at those stores that much.
QuoteOriginally posted by d_fife
QuoteOriginally posted by KyleRF
I shop there quite often, usually at the Bridgewater, Garden State Plaza, or Rockaway location. I would pick Lord and Taylor over the other 2 stores, as it is cheaper and still carries good brands. They have good colognes too! :D
I think lord and taylor is between JC Penny or Macy's and Nordstrom. I do not shop at those stores that much.
lord & taylor remnids me of neman marus with the prcies of macys but verey up scale i do shop at alot of teh dept stores thats were most of my clouths come from mostly from Macys JC Penny Lord&Taylor and somesimtres Nordtsrom and bloomingdales and nordtsrom ive been in neaman marcus before there just way to expavie for me i saw a patri of shous there for 300 bucks uslay bloomingdales and nordtsrom are not liek that all the time but any way LT is gtood so is there any wotrn on whats going to happen to them,?
Here is the Lord and Taylor in Natick, Massachusetts, in the Natick Mall.
Here is the Lord and Taylor of Washington D.C., taken in 1959 when it was new.
Here is the Lord and Taylor of Bala-Cynwyd, Pennsylvania in the 1950's
Here is the Lord and Taylor in the biggest mall in New England, South Shore Plaza in Braintree, Massachusetts (there were some Caldors there). I am in a hotel right next to it now, actually, because I am vacationing in Boston. :)
Orlando, FL (Will be closed soon)
Actually, that Lord and Taylor is still open according to the mall website.
Does anyone know anything about vacant Lord and Taylors before the 2003 reconstructioning?
Does anyone have pics of Lord and Taylors from 1980-1992?
QuoteOriginally posted by KyleRF
Does anyone have pics of Lord and Taylors from 1980-1992?
I have none, the first time I saw a lord and taylor was in early 1995 when I went to the natick mall. does anyone know what is going on with lord and taylor.
that was the same i saw one too. no updates yet from me, except for private owners are looking at buying lord and taylor for $1.2 billion
Lord and Taylor:
Lord and Taylor began in New York in 1826 as a small dry goods store. Samuel Lord and his cousin George Washington Taylor, immigrants to New York, located their first Lord and Taylor store near the North River waterfront in New York?s Greenwich Village.
What's going on with Lord and Taylor? Any updates?
by sandra guy of http://www.suntimes.com/output/business/cst-fin-lord06.html
Future looks dim for Lord and Taylor
June 6, 2006
BY SANDRA GUY Business Reporter Advertisement
Bidders seeking to buy the Lord & Taylor department store chain include names familiar to Chicagoans for their store closings.
Federated Department Stores, which acquired Lord & Taylor at the same time it bought Marshall Field's, is reportedly interested in a joint bid from Schottenstein Stores Corp. and Kimco Realty Trust, according to Women's Wear Daily magazine.
Kimco and Schottenstein are two members of a five-member group that bought 26 Cub Foods stores in the Chicago area six months ago.
The bidders' names sound an ominous note for Lord & Taylor stores because the companies are known for closing poorly performing stores and selling the property.
Kimco also owns strip malls, and Schottenstein owns about 25 percent of American Eagle Outfitters' shares.
A second joint bid is said to come from Cerberus Capital Management and Sun Capital Partners, which were part of a consortium that purchased the Mervyn's department stores from Target Corp., Women's Wear Daily reported Monday.
The third joint bid reportedly comes from Texas Pacific Group and Warburg Pincus, which last year successfully bid to take over Neiman Marcus stores, according to Women's Wear Daily.
Federated declined comment on the bidding process.
Retail analyst Howard Davidowitz believes the Lord & Taylor store at Water Tower Place has a dim future.
The store space could be split among fast-growing retailers such as Williams-Sonoma and Bed Bath & Beyond, or it could be sold to a fast-growing retailer such as Target, said Davidowitz, chairman of Davidowitz & Associates, a New York retail consulting and investment banking firm.
"Federated would prefer a strategic buyer for Lord & Taylor, as long as it's not Nordstrom," he said Monday.
Nordstrom is a rival to Federated's Bloomingdale's and, in some cases, Macy's stores.
"As far as the nameplate, I don't think Lord & Taylor is viable anymore," Davidowitz said.
Another possible replacement for the Lord & Taylor store at Water Tower Place is Von Maur, an Iowa-based department-store chain that is expanding in the Chicago area, said a source who asked not to be identified.
Federated is divesting 80 department stores it acquired in its $11.5 billion takeover of the May Department Stores Co. of St. Louis last August.
It also is closing five Lord & Taylor Department Stores in late July or early August, leaving 49 to be sold. A single Lord & Taylor store in downtown Philadelphia is being converted to a Macy's.
Lord & Taylor has been sold!
http://www.nrdcequity.com/pdf/pr/nrdc_acquiresLT_062206.pdf
Finally I can sleep tonight happily. :bigsmile:
QuoteOriginally posted by KyleRF
Finally I can sleep tonight happily. :bigsmile:
that is nice
WAs lord and taylor headed for bankruptcy and what was their problems, like they downsized a few times? AND WHAT GETS ME IS THEY CLOSED THE ONES IN THE CROSSGATES MALL AND PROVIDENCE PLACE!!!! and none are in ohio.
Lord & Taylor's problems over the past decade have been multi-faceted. The biggest issues were that May expanded the chain across the country, and at the same time cheapened the selection of merchandise in the stores. The stores that were closed were closed due to low profitability.
May's biggest problem with L&T was that they did nothing to differentiate it from the other chains in their portfolio. Much of the merchandise at L&T was also found at Kaufmann's/Filene's/Hecht's/etc. L&T was always a high-end, luxury retailer, and should be treated as such. Those other May stores, along with their new identity, Macy's, are more of a mid-to-high retailer. L&T should compete with Bloomingdale's, Nordstrom, etc.
Since 2003 they have been making efforts to improve the store's selection and image - from what I can see they have made great improvements, but will have to continue doing more in order to survive. Nice to see the chain is going to survive - for now anyway. Lord & Taylor is the only surviving name from the former Associated Dry Goods Co. that May bought out in 1986.
Maybe after all of this analysis, the chain will expand again. That would be very nice.
There was a Lord and Taylor in Ohio by the way, at the Polaris Fashion Place, but it closed last year. Hopefully Lord and Taylor will open up in Ohio again.
If anyone has any news about store openings or closings, please let me know.
P.S.-This is my 100th post!!!!!!
QuoteOriginally posted by KyleRF
Maybe after all of this analysis, the chain will expand again. That would be very nice.
There was a Lord and Taylor in Ohio by the way, at the Polaris Fashion Place, but it closed last year. Hopefully Lord and Taylor will open up in Ohio again.
If anyone has any news about store openings or closings, please let me know.
P.S.-This is my 100th post!!!!!!
well last spring they announced closing 5 stores. them expanding again may not be for another few years
QuoteOriginally posted by jmn3
Lord & Taylor's problems over the past decade have been multi-faceted. The biggest issues were that May expanded the chain across the country, and at the same time cheapened the selection of merchandise in the stores. The stores that were closed were closed due to low profitability.
May's biggest problem with L&T was that they did nothing to differentiate it from the other chains in their portfolio. Much of the merchandise at L&T was also found at Kaufmann's/Filene's/Hecht's/etc. L&T was always a high-end, luxury retailer, and should be treated as such. Those other May stores, along with their new identity, Macy's, are more of a mid-to-high retailer. L&T should compete with Bloomingdale's, Nordstrom, etc.
Since 2003 they have been making efforts to improve the store's selection and image - from what I can see they have made great improvements, but will have to continue doing more in order to survive. Nice to see the chain is going to survive - for now anyway. Lord & Taylor is the only surviving name from the former Associated Dry Goods Co. that May bought out in 1986.
well ADG has already lost caldor and venture what outher stores did they have ?
I was so surprised to hear of all the stuff going on regarding this chain. I have never lived in an area that had them, but visited one for the first (and last, I guess) time while in Atlanta in 2001. It was a beautiful store in a high-end mall in the trendy Buckhead area.
Does this mean that they will be sold and closed or re-named as another chain? Good luck to all of you who love it so!!
:D :bigsmile: ;)
QuoteOriginally posted by Caldor1999
well ADG has already lost caldor and venture what outher stores did they have ?
The original American (later Associated) Dry Goods Co. was comprised of four stores that merged operations in 1916:
Hahne's in Newark
Hengerer's in Buffalo
Lord & Taylor in NYC
Stewart's in Baltimore
Over the years, some other stores that were part of ADG:
Robinson's in LA (semi-survives as Robinson-May until they change to Macy's)
Sibley's in Rochester
JN Adam in Buffalo (closed in 1960 so that ADG could focus on one chain in the market - Hengerer's)
LS Ayers - still exists until Macy's conversion
Horne's in Pittsburgh
Goldwater's in Phoenix
...and a number of others. The wikipedia website has a lot of info on the company and the stores that were part of it.
http://en.wikipedia.org/wiki/Associated_Dry_Goods
hears teh LT in teh danbury mall it was teh last ancore to open back in 1991
lord and taylor in syracuse ny as of March 22, 2006 (I was there for spring break) and it opened 1994.
Lord and taylor in the eastview mall in victor NY (20 minutes south of Rochester) and just off rt. 90. it opened 1994.
QuoteOriginally posted by d_fife
Lord and taylor in the eastview mall in victor NY (20 minutes south of Rochester) and just off rt. 90. it opened 1994.
victor one
lord and taylor in cheektowaga ny (near buffalo) at walden galleria and opened 1991.
QuoteOriginally posted by d_fife
lord and taylor in cheektowaga ny (near buffalo) at walden galleria and opened 1991.
king of prussia one!!! in the king of prussia mall in king of prussia pa.
QuoteOriginally posted by d_fife
king of prussia one!!! in the king of prussia mall in king of prussia pa.
king of prussia
QuoteOriginally posted by d_fife
QuoteOriginally posted by d_fife
king of prussia one!!! in the king of prussia mall in king of prussia pa.
king of prussia
king of prussia
QuoteOriginally posted by d_fife
QuoteOriginally posted by d_fife
QuoteOriginally posted by d_fife
king of prussia one!!! in the king of prussia mall in king of prussia pa.
king of prussia
king of prussia
king of prussia.
here is what was lord and taylor in the Manchester CT buckland mills mall. Lord and taylor had better not keep downsizing. they are down to like 39 to 45 stores. I am shocked providence place one closed and crossgates mall one closed!!!
here is the lord and taylor in the westfarms mall in west hartford / farmington CT and the store had 2 entrances inside in 2 parts of the mall. it was closer to nordstrom.
QuoteOriginally posted by d_fife
here is the lord and taylor in the westfarms mall in west hartford / farmington CT and the store had 2 entrances inside in 2 parts of the mall. it was closer to nordstrom.
westfarms one
QuoteOriginally posted by d_fife
QuoteOriginally posted by d_fife
here is the lord and taylor in the westfarms mall in west hartford / farmington CT and the store had 2 entrances inside in 2 parts of the mall. it was closer to nordstrom.
westfarms one
westfarms one
QuoteOriginally posted by d_fife
QuoteOriginally posted by d_fife
QuoteOriginally posted by d_fife
here is the lord and taylor in the westfarms mall in west hartford / farmington CT and the store had 2 entrances inside in 2 parts of the mall. it was closer to nordstrom.
westfarms one
westfarms one
westfarms
lord and taylor in danbury CT
QuoteOriginally posted by d_fife
lord and taylor in danbury CT
danbury
The Westfarms Lord and Taylor looks like the one in the Lakeforest Mall, in Maryland.
By the way, do you have pics of any more Lord and Taylor's? I need them for my collection. It would be greatly appreciated.
QuoteOriginally posted by d_fife
lord and taylor in danbury CT
nice pictures altoght the acie rian has kida runed the outside of the store since being there since 1991
lord and taylor lettering on mall entrance in danbury ct
lettering on the mall etnrance in the danbury fair mall in danbury ct
the danbury lt loosk kida ickey on teh outside but thats acid rain for ya its also small to but its nice on the inside this was teh malls lasty ancore store to be added
QuoteOriginally posted by Caldor1999
the danbury lt loosk kida ickey on teh outside but thats acid rain for ya its also small to but its nice on the inside this was teh malls lasty ancore store to be added
i remember you saying it opened 1991 and I heard it is 80,000 sq.f.t most are like 120,000 sq.ft. WHY IS THIS ONE SO SMALL IN THE LARGEST MALL IN CT!!!
QuoteOriginally posted by d_fife
QuoteOriginally posted by Caldor1999
the danbury lt loosk kida ickey on teh outside but thats acid rain for ya its also small to but its nice on the inside this was teh malls lasty ancore store to be added
i remember you saying it opened 1991 and I heard it is 80,000 sq.f.t most are like 120,000 sq.ft. WHY IS THIS ONE SO SMALL IN THE LARGEST MALL IN CT!!!
well theres not alot of room to expand it cause of tteh swamp lanes maby lt shoudl move into the old filenes space and teh old lt can be like turned into a movie theater
QuoteOriginally posted by Caldor1999
QuoteOriginally posted by d_fife
QuoteOriginally posted by Caldor1999
the danbury lt loosk kida ickey on teh outside but thats acid rain for ya its also small to but its nice on the inside this was teh malls lasty ancore store to be added
i remember you saying it opened 1991 and I heard it is 80,000 sq.f.t most are like 120,000 sq.ft. WHY IS THIS ONE SO SMALL IN THE LARGEST MALL IN CT!!!
well theres not alot of room to expand it cause of tteh swamp lanes maby lt shoudl move into the old filenes space and teh old lt can be like turned into a movie theater
that is a good idea, but Lord and taylor is not in opening store mode, but it would make sense for them to move to the filene's (I asked fye when I was there what is coming in and they said no one knows, but the phamplet said coming soon a new existing shopping experience), and for cinema, well I saw a huge cinema near best buy and lowe's.
lord and taylor's prices are above jc penny.
what is now the old lord and taylor in the meriden ct meriden square mall and how long did this store last? I noticed one part of the mall is one level and lord and taylor is that part and that must have been the expanded part of the mall
QuoteOriginally posted by d_fife
what is now the old lord and taylor in the meriden ct meriden square mall and how long did this store last? I noticed one part of the mall is one level and lord and taylor is that part and that must have been the expanded part of the mall
meriden ct upper level
QuoteOriginally posted by d_fife
QuoteOriginally posted by d_fife
what is now the old lord and taylor in the meriden ct meriden square mall and how long did this store last? I noticed one part of the mall is one level and lord and taylor is that part and that must have been the expanded part of the mall
meriden ct upper level
meriden ct
QuoteOriginally posted by d_fife
QuoteOriginally posted by d_fife
QuoteOriginally posted by d_fife
what is now the old lord and taylor in the meriden ct meriden square mall and how long did this store last? I noticed one part of the mall is one level and lord and taylor is that part and that must have been the expanded part of the mall
meriden ct upper level
meriden ct
meriden Ct (it is now a coming soon borders, best buy, and dick's sporting)
QuoteOriginally posted by d_fife
QuoteOriginally posted by d_fife
QuoteOriginally posted by d_fife
QuoteOriginally posted by d_fife
what is now the old lord and taylor in the meriden ct meriden square mall and how long did this store last? I noticed one part of the mall is one level and lord and taylor is that part and that must have been the expanded part of the mall
meriden ct upper level
meriden ct
meriden Ct (it is now a coming soon borders, best buy, and dick's sporting)
meriden ct
(http://i9.photobucket.com/albums/a96/KyleRF/WhiteFlint.jpg)
Take a look at this! Vintage! White Flint Mall, in White Flint, Maryland. It's still like this too! :D
Does anyone have any new Lord and Taylor pics?
I hate to say that the Lord and Taylor at the Florida Mall, in Orlando, Florida, is closing September 16,2006. This was the only Lord and Taylor south of Virginia. I am upset to see it go.
the one in victor ny (15 minutes from rochester)
What's up with Lord and Taylor now?
QuoteOriginally posted by KyleRF
What's up with Lord and Taylor now?
I went to the one in the burlington mall 2 days ago and the inside entrance had a new logo. i did not want to take a picture of it due to security.
http://www.bloomberg.com/apps/news?pid=20601082&sid=ahVC2zXvmghU&refer=canada
QuoteNRDC Buys Hudson's Bay, Says Lord & Taylor to Expand
By Kevin Bell
July 16 (Bloomberg) -- NRDC Equity Partners LLC, a U.S.- based buyout firm that owns the Lord & Taylor chain, bought Hudson's Bay Co. to expand in Canada with the country's biggest department-store network.
NRDC will spend $500 million on the Toronto-based department-store chain and convert 10 or 15 of its Bay stores in downtown locations into Lord & Taylor outlets, the firm said today in a statement. Terms of the deal weren't released. [quote\]
L&T will drastically reduce its retail footprint in a lucrative deal with office space rental colossus WeWork
https://www.nytimes.com/2017/10/24/business/lord-taylor-wework.html
Back in June, Hudson Bay announced that up to ten Lord & Taylor stores will close:
https://www.usatoday.com/story/money/2018/06/05/hudsons-bay-lord-taylor-stores-nyc-fifth-avenue/672197002/
So far, we know
1. Fifth Avenue (Flagship)
2. Monmouth Mall (Eatontown, NJ)
3. Oakbrook Center Mall (Oakbrook, IL). Actually this was announced in Feb 2018 before the June 2018 announcement, but store will close in Jan 2019.
What other stores (up to 7 more) might get the axe?
Here a few maybe:
The Lakeforest Mall in the Gaithersburg, MD is a pretty weak mall:
https://www.youtube.com/watch?v=pqCGYmbAvCQ
While we are not privy to the Lord & Taylor's success over there, the mall and area as a whole isn't strong, which might indicate under performing sales at the store as well.
I was looking at the Lord & Taylor list, and stores close either at 8pm, 9pm or 9:30pm. I'd assume the 9:30pm closing stores are doing well to warrant the extra half hour of store hours, so these might be safe.
On the other hand, the Bala Cynwyd store in the Philly market closes at 8pm. In the Philly market, it's hard to tell. King of Prussia is the power mall, but maybe, too much upscale competition and if it doesn't own the store there, might make it less safe than say, Moorestown Mall, where it no longer directly competes with macy's.
I also noticed fringe stores - just one in South Florida (Mizner Park Plaza). I get it that a lot of NYers vacation and second home in S. Florida, but it still seems like an outlier. I also wonder if Chicago and Detroit markets are too far away from their Northeast base of stores and it might close a cluster of stores per market.
Any thoughts which stores might be closed?
Here is the current 50 stores, sorted alphabetically:
BALA CYNWYD Closes at 8:00pm
BRIDGEWATER COMMONS Closes at 9:00pm
BURLINGTON MALL Closes at 9:00pm
CROSSGATES MALL Closes at 9:30pm
DANBURY Closes at 9:00pm
DESTINY USA Closes at 9:30pm
DULLES TOWN CENTER Closes at 9:30pm
EAST VIEW MALL Closes at 9:00pm
EASTCHESTER Closes at 9:00pm
FAIR OAKS MALL Closes at 9:30pm
FIFTH AVENUE Closes at 9:00pm
FIND @ LORD & TAYLOR Closes at 8:30pm
FREEHOLD RACEWAY MALL Closes at 9:30pm
GARDEN CITY Closes at 9:00pm
GARDEN STATE PLAZA Closes at 9:30pm
GREAT LAKES CROSSING LORD & TAYLOR OUTLET Closes at 9:00pm
KING OF PRUSSIA PLAZA Closes at 9:00pm
LAKE FOREST MALL Closes at 9:00pm
LAKESIDE MALL Closes at 9:00pm
LIVINGSTON MALL Closes at 9:00pm
MANHASSET Closes at 9:00pm
MIZNER PARK PLAZA Closes at 9:00pm
MONMOUTH MALL Closes at 9:00pm
MOORESTOWN MALL Closes at 9:00pm
NATICK MALL Closes at 9:00pm
NORTHBROOK COURT Closes at 9:00pm
OAKBROOK CENTER MALL Closes at 9:00pm
PALISADES CENTER Closes at 9:30pm
PRUDENTIAL CENTER Closes at 9:00pm
QUAKERBRIDGE MALL Closes at 9:00pm
RIDGEHILL Closes at 9:30pm
ROCKAWAY TOWNSQUARE Closes at 9:00pm
ROCKINGHAM PARK Closes at 9:00pm
SOUTH SHORE PLAZA Closes at 9:00pm
STAMFORD Closes at 9:00pm
THE FASHION CENTER Closes at 9:00pm
THE MALL IN COLUMBIA Closes at 9:00pm
TRUMBULL SHOPPING PARK Closes at 8:00pm
TWELVE OAKS MALL Closes at 9:00pm
TYSONS CORNER CENTER Closes at 9:00pm
WALDEN GALLERIA Closes at 9:30pm
WALT WHITMAN MALL Closes at 9:00pm
WASHINGTON/CHEVY CHASE Closes at 8:00pm
WESTFARMS MALL Closes at 9:00pm
WESTFIELD Closes at 9:00pm
WESTFIELD SOUTH SHORE Closes at 9:00pm
WHITE FLINT Closes at 8:00pm
WILLOWBROOK MALL Closes at 9:00pm
WOODBRIDGE CENTER Closes at 9:30pm
WOODFIELD MALL Closes at 9:00pm
Lord & Taylor have revealed their latest logo, ditching script altogether. Seems pretty downscale to me.
HBC has given up on its mid-market department store chain
https://www.forbes.com/sites/warrenshoulberg/2019/05/06/hudsons-bay-puts-lord-taylor-on-the-sale-table/#73c3dd6b7167
I wonder if Dillards could buy Lord & Taylor or at least a majority of stores. Many that I'm familiar are in good locations (upscale or stronger malls) in the Northeast.
It'd be great if Boscov's could assume some stores, but they likely can't take on too many. Belk, Target, mall owners directly could assume some of the other locations.
In the latest sign that L&T is circling the drain, its CEO is leaving. Nobody seems to be interested in the chain except possibly as a short-term private equity liquidation play.
https://www.retaildive.com/news/lord-taylor-chief-is-out/556896
Quote from: mixedday on May 09, 2019, 02:31:34 PM
I wonder if Dillards could buy Lord & Taylor or at least a majority of stores. Many that I'm familiar are in good locations (upscale or stronger malls) in the Northeast.
It'd be great if Boscov's could assume some stores, but they likely can't take on too many. Belk, Target, mall owners directly could assume some of the other locations.
I don't see Dillard's ever expanding to the Northeast. They're very popular in the Carolina's along with Belk. If anything, I can see Bloomingdales making a push for those LT stores since many are located in upscale malls.
I think one problem (for a sale) with L&T is that it has lackluster locations in its mix. Any buyer will only want the strong sites. It has two Detroit area, and two Chicago area locations, but only one of the two in each market are good locations.
The strong Washington DC sites should be appealing, and maybe the Midwestern sites in the strong malls in Chicago, Detroit and Buffalo if it doesn't want to pursue the Northeast (mainly NYC metro to Boston area). Dillard's gets as far up into Richmond but just short reaching the DC region. The WAS area is a growing/wealthy region as well.
One exception is the Lakeforest Mall but it was announced not too long ago that it is closing:
https://www.bizjournals.com/washington/news/2019/06/05/lord-taylor-to-close-at-lakeforest-mall-lay-off.html
Also mentioned is Lakeside Mall, which is the weaker mall in the Detroit market. It will leave just one Detroit area store and an outlet in that market.
A new mall (Norwalk So No Collection) with bloomingdales and Nordstrom is being built in Connecticut, which will likely siphon traffic from an existing mall with a L&T not too far away in Fairfield County. I'm still surprised macy's hasn't pursued a location in Park City Center, also owned by Brookfield, in Lancaster PA. It's the strongest mall in the Central PA market with an Apple store, and macy's has the choice of either the Sears or the Bon Ton site. There is competition from Boscov's, a lot of stores in the mall, JCPenney and Kohl's and two outlet malls in the Lancaster area though but still rather surprising if too much competition from those would hinder macy's from opening there.
L&T acquired by Le Tote for $100 million
https://www.retaildive.com/news/wwd-apparel-subscription-service-le-tote-ready-to-bag-lord-taylor/560516/
A store closing sale is in progress now at its Moorestown NJ location. Moorestown mall lost Macy’s, now Lord and Taylor but Sears managed to outlast. Boscovs will likely be the only traditional department store at the mall in a couple years.
I hope PREIT can get Target one day, maybe after Sears leaves although Target’s Centerton location might be too close. I think a smaller format store might work though complementing the larger store a few miles east.
Lord & Taylor is also closing at Tyson's Corner, in Virginia:
https://www.tysonsreporter.com/2019/11/04/lord-and-taylor-closing-at-tysons-corner-center-with-clearance-sale/
Mass firings at L&T HQ - looks like the end is near
https://wwd.com/business-news/retail/lord-taylor-said-to-be-near-its-end-1203551614/?fbclid=IwAR0VAI8QKrHmj0QicTVrEF5wWoxacLORX89keqYcYz3d7X13Qfj0QQjuM9g