Walmart launches Lord & Taylor site

Walmart may be known for low prices but they understand sometimes you want to splurge a little.

In an effort to keep pace with Amazon, Walmart is launching a Lord &Taylor store on their website to attract upscale buyers.

The store will feature brand names like Tommy Bahama, Lucky Brand and Vince Camuto.

The partnership with Lord & Taylor was announced last fall. L&T called the move “pivotal” for the company as they struggle to keep customers who aren’t shopping at physical department stores anymore.

Here on the story in the Chicago Tribune.