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Lord & Taylor Gets Bought, Loses CEO

Lord & Taylor has been acquired by Hudson's Bay Company, a Canadian retail conglomerate, resulting in the departure of Lord & Taylor's CEO and president, Brendan Hoffman. Hudson's Bay has already invested $427 million in the retail chain, all of which has gone into reducing its corporate debt.

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Copyright © 2013, New York Media LLC.
All Rights Reserved.

Copyright © 2013, New York Media LLC. All Rights Reserved.

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