News

Hudson's Bay shuttering nearly a dozen Lord & Taylor stores

June 7, 2018

Hudson's Bay Co. is closing at least 10 Lord & Taylor locations, including the iconic Fifth Avenue sotre in New York City.

It's also selling off its e-commerce arm, Gilt, according to a USA Today report.

"This reduced store network will allow new leadership to re-think the model and better position Lord & Taylor for future success," Hudsonss Bay said in a statement, according to the report.