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Lord & Taylor, the once leading fashion retailer that has been fading, considers itself a trailblazer. It was one of the first major retailers to install an elevator in its store and was one of the first to hire a woman as president. Now, Lord & Taylor has unveiled another milestone, although one that speaks less to the retailer’s glory days and more to the challenges of modern retailing. Lord & Taylor is teaming up with Walmart to create an online store on that will offer about 125 fashion brands, including Tommy Bahama, La La Anthony, H Halston and Effy. Billed by both companies as a “premium” shopping destination, the new online store reflects Lord & Taylor’s desire t... Full story

16 May