In another sign of the separation between haves and have-nots in retail, Lord & Taylor's owner said it would consider selling the iconic department store chain.
In 2017, Lord & Taylor sold its flagship Fifth Avenue store in New York to WeWork for $850 million.
But Lord & Taylor changed its plans last year and decided to shut down its part of the store Lord & Taylor has turned to Walmart for help.
CEO Doug McMillon told analysts last year of the Lord & Taylor page.
"We're really happy the way it came out, the way it looks,"CEO Doug McMillon told analysts last year of the Lord & Taylor page.