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After Nearly 200 Years, Lord & Taylor Goes Out of Business
Lord & Taylor, one of the country’s oldest department store chains, is going out of business after filing for bankruptcy earlier this month. The retailer was sold just a year ago for $100 million to Le Tote, a San Francisco online clothing rental company, by Canadian parent Hudson’s Bay Co. Lord & Taylor will permanently close its remaining 38 stores…
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Gone in a New York Minute: How the Amazon Deal Fell Apart
Immediately after Amazon’s Nov. 12 announcement, criticism started to pour in.
