Lord & Taylor Prepares to Say Goodbye to Fifth Avenue Store With Final Blowout Sale

Lord & Taylor plans to close its longtime Fifth Avenue flagship in January after one last blowout sale

AP_18325803798372 (1)
AP Photo/Mark Lennihan, File

What to Know

  • Lord & Taylor plans to close its longtime Fifth Avenue flagship in January after one last blowout sale
  • Next year, the 11-story, Italian Renaissance-style building will be taken over by WeWork
  • WeWork and several investors aim to close the $850 million deal to buy the Fifth Avenue building by the end of January

For generations, the lavish, theatrical holiday displays in the windows of the Lord & Taylor on Fifth Avenue helped define Christmas in New York.

This Christmas season, the most notable decorations at the Manhattan store are signs saying "everything must go."

Lord & Taylor plans to close its longtime Fifth Avenue flagship in January after one last blowout sale.

Next year, the 11-story, Italian Renaissance-style building will be taken over by WeWork, the workspace leasing company.

Shoppers snapping up the store's final bargains said they were saddened by its demise, especially the end of the holiday window displays Lord & Taylor helped pioneer.

WeWork and several investors aim to close the $850 million deal to buy the Fifth Avenue building by the end of January.

Copyright AP - Associated Press
Contact Us