After several New Jersey Lord & Taylor stores have either been shuttered or slated for closure, two others are hanging on in a town stuffed with department stores.
That town, Paramus, has two Lord & Taylor locations — one at Westfield Garden State Plaza mall and another at the Fashion Center on Ridgewood Avenue in Paramus.
“Lord + Taylor is committed to serving its loyal customers in Paramus and has no plans at this time to close its Fashion Center or Garden State Plaza locations,” Alexandra Cohen, a spokeswoman for Hudson’s Bay Co., which owns the department stores, tells NJ Advance Media.
With its three malls — Garden State Plaza, The Outlets at Bergen Town Center and Paramus Park mall — numerous strip malls and business-lined highways, Paramus is often called the “retail” or “mall capital” of New Jersey, bringing in more retail sales than most other single zip codes in the United States.
Lord & Taylor, named for original owners Samuel Lord and George Washington Taylor, started in New York as a dry goods business in 1824. Today, it is one of the anchor department stores at the sprawling Garden State Plaza mall, located at the intersection of routes 17 and 4. Others are Macy’s, Neiman Marcus and Nordstrom.
The other Lord & Taylor store in Paramus serves as an anchor at the Fashion Center, a shopping plaza that is also home to Best Buy, T.J. Maxx, Bed Bath & Beyond, Buy Buy Baby, Fairway market and Cost Plus World Market.
Lord & Taylor stores that were slated for closure this year include the Moorestown Mall location, the Lord & Taylor at Monmouth Mall in Eatontown and the store at Woodbridge Center mall, where, according to a notice filed in October with the state Department of Labor & Workforce Development, up to 84 employees could lose their jobs by Christmas Eve.
Mary Altaffer| AP
Lord & Taylor's flagship store on Fifth Avenue in New York closed this year.
The Lord & Taylor website currently lists nine New Jersey locations as being active — the stores at Freehold Raceway Mall, Quakerbridge Mall in Lawrenceville, Bridgewater Commons, Westfield, Livingston Mall, Rockaway Townsquare, Willowbrook Mall in Wayne and the two Paramus stores.
Store closures follow changes to the company’s ownership. After the shuttering of the flagship Lord & Taylor location on Fifth Avenue in New York this year, in August, Le Tote, a rental clothing company, acquired Lord & Taylor from Canada-based Hudson’s Bay Co. as part of a $100 million deal. Under the agreement, which is slated to be complete before the start of the holiday shopping season, Hudson’s Bay still owns the stores, with the clothing rental business to be conducted from those stores via Le Tote.
Le Tote assumed operations of 38 Lord & Taylor stores and the department store’s online presence. At the time the sale was announced, the company said it expected to offer employment to “the vast majority of Lord + Taylor’s associates.”
Have a tip? Amy Kuperinsky may be reached at akuperinsky@njadvancemedia.com. Follow her on Twitter @AmyKup or on Facebook.
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