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

Fashion is at a crossroads: continue with cutting-edge strategies developed to persevere during Covid or slide back into familiar (yet unprofitable) habits? Get the experts' perspective at our in-person Sourcing Summit, Oct. 19 at New York’s Cipriani 42nd Street.

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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