As an AI language model, I do not have real-time information on the current status of Krauss department store. However, I can provide some historical information.
Krauss department store was a famous department store in New Orleans that was established in 1903. It was founded by Leon Fellman and his brother-in-law, Emile Krauss. The store was known for its cutting-edge fashion, housewares, and other merchandise. Krauss department store was expanded and renovated several times, becoming one of the largest department stores in the South.
The store had a significant impact on New Orleans retail and culture. It was one of the first department stores in the country to offer air conditioning, escalators, and bargain sales. Krauss was also known for its Mardi Gras parade floats, which was a significant event in New Orleans.
Krauss department store closed in the late 1990s, and the building has been redeveloped into apartments and retail space. However, the store's name lives on as a symbol of the city's retail history.
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