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“ Founded in 1824 in New York, it was the oldest department store in America. Lord & Taylor said on Thursday that it will close and liquidate all of its 38 stores”
“ Founded in 1824 in New York, it was the oldest department store in America. Lord & Taylor said on Thursday that it will close and liquidate all of its 38 stores”
When Lord & Taylor sold its Fifth Avenue building which ended their Christmas windows, it was like a knife to my heart. I remember when L&T had a gift wrapping department and elevator attendants.
Their cafeteria had the best tomato soup. I had my first cobb salad there.
So sad. I feel like I am watching an era go by. Meantime, Mayor Nero fiddles while the city burns.
Rome burning while Nero fiddles is the best analogy I've seen to describe Bill DB. He seems totally unconcerned as people leave and the economy crashes in his city.
When Lord & Taylor sold its Fifth Avenue building which ended their Christmas windows, it was like a knife to my heart. I remember when L&T had a gift wrapping department and elevator attendants.
Their cafeteria had the best tomato soup. I had my first cobb salad there.
So sad. I feel like I am watching an era go by. Meantime, Mayor Nero fiddles while the city burns.
When I started working in the city at the age of 20, Lord & Taylor was the second place I applied to and received a charge card from. Macy's was the first. I would run over there at lunch time to shop sometimes.
Also, every year they had nice polo shirts on display as a loss leader around Father's Day, so my father would get a couple of them for a gift.
The L&T in the mall out near me in NJ closed about 18 months ago. I did get three nice pair of designer shoes for my daughter dirt-cheap in the going-out-of-business sale.
Rome burning while Nero fiddles is the best analogy I've seen to describe Bill DB. He seems totally unconcerned as people leave and the economy crashes in his city.
In all fairness, this isn't totally his fault. The luxury demographic is shrinking overall because today's self-made millionaires and billionaires are from the lowest common denominator. They're not the older generation of people who grew up with old-fashioned notions of class and wealth. They're adult children like Mark Zuckerberg, Jack Dorsey and Elon Musk--30 and 40 year old men who dress like hobos and 18 year old college freshmen; childish bums like PewDiePie making millions off e-gaming and YouTube; and ghetto and trailer trash like Cardi B. the Logan Paul brothers. What are the odds that a Lord and Taylor can survive when this is who the rich now consist of?
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