The Stanford Ralph Lauren location closes on October 15th!
After the LA store was recently closed, the Ralph Lauren Stanford location will remain open until 15th of October.
Sadly, Polo Ralph Lauren, a store that has been the pillar for over 26 years at the Stanford Shopping Center, will be closing its doors within 2 weeks and employees will remain on until the end of October.
With increased competition from nearby stores like Nordstrom, Bloomingdales, Macy’s, Neiman Marcus that are selling the same Ralph Lauren products – sometimes even cheaper,- the brand’s flagship store has seen a huge decline in traffic. It also does not help that the company is practically in direct competition with itself, the online stores offering more discount opportunities and the convenience of hassle-free shopping.
There have been quite a few changes with the company as it is getting ready to welcome Stefan Larsson – the former CEO of Old Navy, a Gap-owned budget chain – who will head one of the most recognizable American brands, as the beloved Ralph Lauren steps down from a company he created years ago. Mr. Larsson will still report directly to the world-famous designer as he will continue to supervise the creative strategy and look of the company as Chief Creative Officer and Executive Chairman.
The flagship stores in LA and Hawaii have already closed and a few labels, such as Black Label, have been discontinued.
The restructuring and closing will allow the company to strengthen its undeniable industry leadership, expanding the brand around the world and reaching new consumers.
I personally love the Ralph Lauren products, but I have always purchased them online or at their factory stores.
So for all the bargain shoppers – like myself – out there, there are lots of amazing products on sale: from the home section to clothing for children, men and women. There’s no doubt that what does not sell off will be going to other locations.
There will only be one store left here, in the Bay Area: the one on Fillmore St. in San Francisco. So take advantage and take a look at all the items on sale at the Stanford store. You will find it here: 650 Stanford Shopping Ctr, Palo Alto, CA 94304. It’s practically impossible not to find something to buy at a such amazing prices!