High and low end department stores team to fight Amazon

Alongside groceries, electronics and pet food, you’ll soon be able to buy upscale fashion online with the retailer Walmart. In partnership with Lord & Taylor – the oldest luxury department store in the United States – Walmart will host a catalog of its high-end fashion pieces at its online store. Denise Incadela, head of fashion for Walmart’s U.S. e-commerce, reported: “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.” With a planned launch for Spring 2018, Walmart shoppers will soon be able to access premium labels through the retailer’s app and website. This is a huge step for the company, whose projected sales are likely to increase after recent purchases of online stores Bonobos and Mod Cloth. It seems there’s a growing market for online luxury fashion.