Lord & Taylor

News & Analysis

Lord & Taylor Files for Bankruptcy

3 August 2020 • By Bloomberg

3 August 2020 • By Bloomberg

Fashion start-up Le Tote Inc., which also filed for Chapter 11, bought the rights to the company’s stores, brand and e-commerce site from Hudson’s Bay Co. for $71 million last year.

News & Analysis

Lord & Taylor Files for Bankruptcy

Fashion start-up Le Tote Inc., which also filed for Chapter 11, bought the rights to the company’s stores, brand and e-commerce site from Hudson’s Bay Co. for $71 million last year.

News & Analysis

Lord & Taylor Explores Bankruptcy

21 April 2020 • By Reuters

21 April 2020 • By Reuters

It is one of several options that the retailer and its advisers are exploring, which also include trying to negotiate relief from creditors and finding additional financing, sources said.

News & Analysis

Lord & Taylor Explores Bankruptcy

It is one of several options that the retailer and its advisers are exploring, which also include trying to negotiate relief from creditors and finding additional financing, sources said.

News & Analysis

How to Save Lord & Taylor

9 December 2019 • By Bloomberg

9 December 2019 • By Bloomberg

The retailer reported a loss of $119 million in fiscal 2018, an indication that Lord & Taylor has lost a great deal of its lustre.

News & Analysis

How to Save Lord & Taylor

The retailer reported a loss of $119 million in fiscal 2018, an indication that Lord & Taylor has lost a great deal of its lustre.

News & Analysis

Lord & Taylor Is Returning to New York With a Mini Store

3 December 2019 • By Bloomberg

3 December 2019 • By Bloomberg

The department store will return to Manhattan this holiday season as a temporary, two-week shop, according to a person familiar with the matter.

News & Analysis

Lord & Taylor Is Returning to New York With a Mini Store

The department store will return to Manhattan this holiday season as a temporary, two-week shop, according to a person familiar with the matter.

News & Analysis

Hudson’s Bay Chases Relevance

5 September 2019 • By Bloomberg

5 September 2019 • By Bloomberg

With millennial shoppers keener to buy online or directly from brands, Hudson's Bay has yet to offer something they can’t find somewhere else and risks drifting into irrelevance.

News & Analysis

Hudson’s Bay Chases Relevance

With millennial shoppers keener to buy online or directly from brands, Hudson's Bay has yet to offer something they can’t find somewhere else and risks drifting into irrelevance.

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Lord & Taylor Has a Surprising New Owner. What Happens Now?

29 August 2019 • By Cathaleen Chen

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Lord & Taylor Has a Surprising New Owner. What Happens Now?

Le Tote, a clothing rental service, has acquired the nearly 200-year-old department store chain, betting physical locations and Lord & Taylor's deep roster of brands will help grow the start-up's customer base.

News & Analysis

Hudson's Bay to Sell Lord & Taylor to Le Tote for $100 Million

28 August 2019 • By Bloomberg

28 August 2019 • By Bloomberg

The deal allows the Canadian retailer to divest operations of the struggling Lord & Taylor chain while holding onto the more valuable asset — the real estate on which the stores are located.

News & Analysis

Hudson's Bay to Sell Lord & Taylor to Le Tote for $100 Million

The deal allows the Canadian retailer to divest operations of the struggling Lord & Taylor chain while holding onto the more valuable asset — the real estate on which the stores are located.

News & Analysis

Hudson's Bay Posts Wider-Than-Expected Loss

13 June 2019 • By Reuters

13 June 2019 • By Reuters

The owner of Saks Fifth Avenue and Lord & Taylor said earlier this week it was evaluating a $1.3 billion go-private cash offer from its executive chairman and other shareholders.

News & Analysis

Hudson's Bay Posts Wider-Than-Expected Loss

The owner of Saks Fifth Avenue and Lord & Taylor said earlier this week it was evaluating a $1.3 billion go-private cash offer from its executive chairman and other shareholders.

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How American Department Stores Plan to Fight Back in 2019

16 January 2019 • By Lauren Sherman

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BoF Professional Exclusive

How American Department Stores Plan to Fight Back in 2019

From the battle for Manhattan to the battle for survival, Neiman Marcus, Saks Fifth Avenue, Nordstrom and others may look radically different by the end of the year.

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News & Analysis

Hudson's Bay to Shut Lord & Taylor Flagship

5 June 2018 • By Reuters

5 June 2018 • By Reuters

The department store chain said it would sell up to 10 Lord & Taylor stores after reporting a quarterly loss of $308.5 million.

News & Analysis

Hudson's Bay to Shut Lord & Taylor Flagship

The department store chain said it would sell up to 10 Lord & Taylor stores after reporting a quarterly loss of $308.5 million.