Lord & Taylor may go up for sale
CNN - Tue 7 May 02:05 GMT

In another sign of the separation between haves and have-nots in retail, Lord & Taylor's owner said it would consider selling the iconic department store chain.

Lord & Taylor may go up for sale

  In another sign of the separation between haves and have-nots in retail, Lord & Taylor's owner said it would consider selling the iconic department store chain.

  In 2017, Lord & Taylor sold its flagship Fifth Avenue store in New York to WeWork for $850 million.

  But Lord & Taylor changed its plans last year and decided to shut down its part of the store Lord & Taylor has turned to Walmart for help.

  CEO Doug McMillon told analysts last year of the Lord & Taylor page.

  "We're really happy the way it came out, the way it looks,"CEO Doug McMillon told analysts last year of the Lord & Taylor page.