NEW YORK (CBSNewYork/AP) — Lord & Taylor, one of the nation’s oldest department stores, is being sold for $100 million to a rental clothing company. Le Tote Inc. is buying the company from Hudson’s Bay Co., which gets a minority stake in Le Tote and will control two seats on its board. Lord & Taylor,…
via Lord & Taylor Sold For $100 Million To Rental Clothing Company — CBS New York