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Rockland County Business Journal

Rockland County Business Journal

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Tag: lord & Taylor

unpaid mortgages

Malls Could Reopen Mid-June But How Much Collateral Damage Has Lockdown, Previous Weaknesses Caused?

May 31, 2020June 21, 2022rcbizjournal

The Palisades Center did not make April or May mortgage payments and an insider familiar with The Pyramid Group says a June payment is “not likely,” because stores are not on track to open until mid-month.

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MAcys and retail

Breathtaking List Of 2019 Retail Closures: All Eyes Are On Macy’s At Palisades Mall

December 29, 2019January 7, 2020rcbizjournal

The Palisades Center, already without J.C. Penney, will see Lord & Taylor darken its lights in January, and Bed, Bath & Beyond is slated to shutter in June, and Macy’s fate is unknown.

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party city

Party City Ups The Number Of Store Closures To 55

November 8, 2019November 13, 2019rcbizjournal

Party City is closing 10 more stores, the company announced in a recent financial statement. The company has already shuttered half of the 55 stores it plans to close.

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lord & taylor

91 Pink Slips To Lord & Taylor Employees

November 5, 2019December 8, 2019rcbizjournal

The post-Christmas season will be rough for 91 Lord & Taylor employees who will be laid off on January 31, 2020.

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lord & Taylor

Fashion Rental Company Le Tote To Acquire Lord & Taylor

August 28, 2019rcbizjournal

Hudson’s Bay Company is selling Lord & Taylor to clothing rental subscription service Le Tote for $100 million but the deal still has hurdles to jump.

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kohls

Department Stores Show Sluggish First-Quarter Performance

June 19, 2019rcbizjournal

Department stores had a weak first quarter due to a slowdown during the all-important holiday season, according to a Moody’s report.

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lord&taylor

Will Lord & Taylor Survive Potential Sale By Parent Company Hudson’s Bay?

May 15, 2019rcbizjournal

The fate of Lord &Taylor, which closed its flagship store earlier this year, is up in the air. Hudson’s Bay, which owns Lord & Taylor and Saks Fifth Avenue, has hired a financial adviser to review Lord & Taylor’s business, and that review could lead to a sale or a merger.

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gymboree

Is Gymboree The Next Retailer To Leave The Palisades Center?

January 14, 2019January 14, 2019rcbizjournal

The children’s clothing retailer Gymboree is filing for bankruptcy for a second time in two years and will close its remaining 900 stores, according to media reports. That includes stores in New York.

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