Hudson’s Bay reviewing strategic alternatives for Lord & Taylor, including potential sale

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Hudson’s Bay reviewing strategic alternatives for Lord & Taylor, including potential sale
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Hudson’s Bay reviewing strategic alternatives for Lord & Taylor, including potential sale GlobeBusiness

HBC chief executive Helena Foulkes says the retailer is exploring options to position itself for long-term success.

HBC previously announced in February that its Canadian retail banner, Home Outfitters, will be discontinued and its 37 locations will be closed this year and that about 20 Saks Off Fifth locations will be closed in the United States. Foulkes says Lord and Taylor remains committed to serving customers across its stores and digital channels throughout the review.

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