Hudson's Bay to close Lord & Taylor flagship
News
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Jun 2018
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Hudson's Bay Co. plans to shutter its Manhattan Lord & Taylor flagship after announcing last year it had sold the Fifth Avenue real estate to coworking startup WeWork and initially planned to open a downsized Lord & Taylor store in its place. Additionally, the department store retailer plans to close up to 10 Lord & Taylor stores through 2019 to balance its physical presence with its digital efforts.
This news comes at the same time of the announcement to sell Gilt to Rue La La.
press release on hudson's bay closing lord & taylor
