NEW YORK, NY - APRIL 04: People walk by Ralph Lauren's Fifth Avenue Polo store on April 4, 2017 in New York City. The luxury brand announced on Tuesday that it will close the exclusive location, just doors down from Trump Tower. The iconic clothing company has struggled financially as more shoppers migrate to online shopping among other consumer challenges. (Photo by Spencer Platt/Getty Images)
Beth Sawicki, Rare.us
Ralph Lauren announced Tuesday it will soon close its flagship Polo store on Fifth Avenue in New York City.
Now, it’s facing a $370 million shakeup and shares that have fallen more than 14 percent since the beginning of the week.
The company is among many affected by Americans’ decisions to shop online and avoid traditionally pricey brands. Earlier this week, Bebe announced it will close all its stores and move to online-only sales. The Limited also closed all its stores, and many department stores, including Macy’s, Sears, and J.C. Penney, are facing hard times and shuttering mall locations nationwide.
The event formerly known as Home World has a new name and new location.Get totally inspired for spring as you find hundreds of ways to improve your home. Make your home the one you really want. Show open daily duringmall hours. Admission is free!
Landscaping and Outdoors
Get ready for Spring and Summer and transform your outdoor space into something that feels like you’re on vacation
Make sure to visit our demonstration stage during the entire show. There will be exciting demonstrations on how to re-purpose and design thanks to Monarch Market Affair.
Meet Barry Williams from The Brady Bunch
Join us as we welcome Me-TV superstar Barry Williams who played the iconic Greg Brady from The Brady Bunch TV Show. Meet him and get an autograph on February 10th stage side at center court in front of Macy’s.
The line will start forming when the Mall Opens, and Barry’s First appearance will be at 11 a.m.
Come prepared with your camera or cell phone for the Meet and Greet.