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Lord & Taylor chain sold for $100 million

Purchaser Le Tote said it expects to extend employment offers to “the vast majority” of L&T employees, including those in such locations as Danbury, Stamford, Scarsdale and Yonkers.

Stamford investor urges Saks owner to sell off stores

Jonathan Litt, founder and CIO of Stamford’s Land & Buildings Investment Management, is demanding the sale of the Saks Fifth Avenue and Lord & Taylor brands by the Hudson’s Bay Co., the company that owns them.

Saks Fifth Avenue Off 5th coming to Greenburgh

The retailer will open a store at a shopping center that also includes Smashburger and Apple Farm.

Hudson’s Bay Co. to acquire Saks Inc.

The parent company of Lord & Taylor has agreed to buy Saks for $16 per share, or $2.9 billion.