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Layoffs Shroud Lord & Taylor’s Post-Pandemic Future in Doubt

COVID-19 recovery is on the horizon but the pandemic's impact on sustainability, retail, product development and consumer buying patterns means the denim industry must evolve. Join Rivet on April 20th at 11 am ET for the COVID, One Year Later roundtable.

The future of Lord & Taylor chain now hangs in the balance in the wake of layoffs that reduced its headcount to bare bones, sources said. The department store chain, which Hudson’s Bay Co. sold to subscription rental platform Le Tote for $100 million last August, dismissed store associates, merchants and members of the executive…

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