Hudson’s Bay mulls sale of Lord & Taylor

Lord & Taylor may soon have a new owner. Owner Hudson’s Bay Company is considering selling or merging the chain of department stores, according to the Wall Street Journal. The talks are focused on the operating business, not the real estate, and Hudson’s Chairman Richard Baker has also been asking landlords about buying back leases and discussing plans to redevelop some Lord & Taylor sites without the famed department store. Hudson’s Bay sold half of […]

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