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Lord & Taylor Says AOV’s Already Up Nearly 40%

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Six months into its second go-around, Lord & Taylor wants to shed the image it built over its 195-year legacy—or at least part of it. “I don’t know that we want to call ourselves a department store,” chief merchandising officer Dan Cate told Sourcing Journal. Rather, the post-bankruptcy, rebooted retailer is laser focused on carving…

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