By A Mystery Man Writer
In a surprising move, Hudson’s Bay Company is selling the storied Lord & Taylor chain, which dates to 1826 in New York, to fashion rental subscription startup Le Tote for a relatively cheap $75 million upfront, and another $25 million via a promissory note in two years.
Lord & Taylor files for bankruptcy as retail collapses pile up – Orlando Sentinel
What Le Tote Buying Lord & Taylor May Mean for Department Stores
Le Tote's bold bet buying Lord & Taylor comes up bust - Modern Retail
Le Tote to buy Lord & Taylor, enabling Hudson's Bay Company to focus more on Saks
Hudson's Bay to sell Lord + Taylor for $100 million
Le Tote has three years to figure out how to save Lord & Taylor
Le Tote, Lord & Taylor file for Chapter 11 - Just Style
After nearly 200 years, Lord & Taylor goes out of business
Lord & Taylor explores bankruptcy as stores remain shut in coronavirus
After nearly 200 years, Lord & Taylor goes out of business
Lord & Taylor files for bankruptcy; looking for new owner
Lord & Taylor - Wikipedia
Lord & Taylor sold for $100 million to clothing-rental company Le Tote - CBS News