“The focus became more about how to take care of the corporate office, not the customer.” Department stores were once on the leading edge of retailing. Now they're fighting to stay alive.
Lord & Taylor was one of the first retailers to allow employees to become stockholders, to introduce a lunch counter, to usher in the Christmas season with animated window displays and to take risks on new American designers.
That innovation stopped in the 1980s, former executives say, sending the once-grand department store chain on a long march toward bankruptcy that culminated Monday, when the 194-year old company’s lenders said it would liquidate if it can’t find a buyer by October.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Broadway’s ‘Sing Street’ Musical From ‘Once’ Team Postpones Opening Until 2021-22Sing Street, the sold-out Off Broadway musical that was set to begin performances at Broadway’s Lyceum Theatre just as the COVID-19 shutdown hit, is now targeting an opening sometime between Winter…
Weiterlesen »
Florida man once bitten by alligator is chomped by 8-foot shark while on vacationJustin Stuller is now sporting two dozen stitches and a small limp after tangling with an eight-foot lemon shark in the Florida Keys.
Weiterlesen »
'Once I Accepted My ADHD, Life Began to Change''I had trouble accepting the diagnosis. I’d always blamed my problems on anxiety. I’d been treated for panic attacks for years, but nothing worked.'
Weiterlesen »
'I Totally Transformed My Body Once I Started Weightlifting And Eating More Whole Foods And Healthy Fats'Fitness influencer Mari Llewellyn lost over 90 pounds through her dedication to learning bodybuilding exercises and filling her diet with whole foods.
Weiterlesen »
Basketball Wives' Evelyn Lozada Reveals She's Been Catfished More Than Once - E! OnlineDuring her appearance on Close Up by E! News on Quibi, the reality star makes a surprising confession!
Weiterlesen »
Manhattan Beach was once home to Black beachgoers, but the city ran them out. Now it faces a reckoningBefore Manhattan Beach shut it down, Bruce's Beach was a famous Black-owned beach resort. Now, some want the city to atone for its actions.
Weiterlesen »