Economy

Walmart and Lord & Taylor are teaming up, here's how

Walmart and Lord & Taylor are teaming up, here's how”

Wal-Mart has announced a new partnership with Lord & Taylor in the aim of bringing the United States fashion retailer's clothing brands to its ecommerce platform. They would start selling their premium fashion merchandise at Walmart coming spring.

Wal-Mart Stores Inc (NYSE:WMT) has entered into a partnership with upscale retailer Lord & Taylor to offer the latter's fashions on Walmat's website, in a sign that the largest retailer on earth wants to shed its unfashionable image. Wal-Mart seeks to establish itself as an online fashion destination, Denise Incandela, head of fashion for Walmart U.S. e-commerce, said in an interview.

"We see customers on our site searching for higher-end items, and we are expanding our business online to focus on adding specialized and premium shopping experiences, starting with fashion", Incandela says.

Lord & Taylor seems equally excited about the change. The partnership provides Walmart.com more premium products, and it brings in a crowd that normally doesn't shop there: millennial customers.

The giant retailer has partnered with the department store Lord & Taylor to "create a premium fashion destination on Walmart.com", Denise Incandela, head of fashion for Walmart's United States e-commerce business, said in an announcement.

The department brand now joins other Walmart fashion partners like Modcloth, Bonobos, and Moosejaw. That's what we call a win-win.

It's like Christmas came early, but in this case, you can actually prep for the holidays while enjoying the news.



Like this

Latest


15 November 2017
Charges: Man Stabbed Mall Of America Victims With 8-Inch Blade
He later required a blood transfusion and will most likely have permanent head scarring, medical personnel told authorities. When he returned to the dressing room, 20-year-old Mahad Abdiraham was near it and looked as if he was about to go inside.

15 November 2017
DNR: 145K Deer Registered Through 2 Weekends
Top harvest counties this year were Howell with 2,095 deer checked, Franklin with 2,060 and Texas with 1,855. Of the 94,977 deer harvested, 54,027 were antlered bucks, 9,535 were button bucks, and 31,415 were does.

15 November 2017
Buffett Adds More Apple, Reduces IBM Stake by Another Third
Berkshire Hathaway last held 37 million shares of IBM , a position valued at around $5.73 billion. Buffett cut the Charter Communications stake by about 10%, selling 954,100 shares in the quarter.

15 November 2017
L'émouvant message de Casillas à Buffon — Italie
Sur son compte Twitter, l'actuel 2e gardien du Fc Porto a rendu un vibrant hommage à son homologue, capés à 175 reprises avec la Nazionale , Gigi Buffon.

15 November 2017
New Zealand premier finds her barong scratchy
The Philippines and New Zealand signed an amendment to extend geothermal energy cooperation. It advocated for those principles and values and lived by them.

14 November 2017
Keurig CEO Apologizes For Mishandling Decision To Pull Ads From 'Hannity'
The machines were given to the first 500 people to submit a form on Hannity's website . Hannity responded to Gamgort's statements in his Keurig giveaway announcement.

14 November 2017
Federal Bureau of Investigation scrutinizing Russian embassy payments 'to finance election campaign of 2016'
Former federal prosecutor Renato Mariotti, now a candidate for Illinois Attorney General, notes: "Foreign contributions in connection with USA federal elections are against the law".

14 November 2017
JJ Abrams gave Jimmy Kimmel an epic surprise gift
Abrams, who showed superhero art that, the audience was told, was actually drawn by Kimmel when he was about 10. Justice League is produced by Charles Roven, Deborah Snyder, Jon Berg and Geoff Johns.

14 November 2017
Mike Pence's NFL Game Walkout Cost Indiana Police $14000
The exit cost the Indianapolis Metropolitan Police Department more than $14,000, according to CREW's review of documents. Trump latched on to the "take a knee protests" initally popularized by former 49ers quarterback Colin Kaepernick .

14 November 2017
What Should You Know About Kulicke and Soffa Industries Inc's (KLIC) Growth?
Seizert Capital Ltd Limited Liability Company stated it has 0.11% of its portfolio in Kulicke and Soffa Industries Inc . The stock has a market capitalization of $1.62 billion, a P/E ratio of 16.13, a PEG ratio of 1.05 and a beta of 1.34.



Recommended