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Lord & Taylor brings fashion Home
NEW YORK — Lord & Taylor unveiled a new concept called Lord & Taylor Home on Friday, at Fashion Center shopping center in Paramus, N.J. A second location, in Shrewsbury, N.J., is expected to open in several weeks. Lord & Taylor is owned by NRDC Equity Partners, which also owns Canada’s Hudson Bay Co.
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August sales strong despite hurricane and Wall Street volatility
PURCHASE, N.Y. — The apparel, e-commerce, grocery, and luxury segments all showed continued growth in August, as the hardware, restaurant, and automotive repair sectors returned to positive territory, according to MasterCard Advisors SpendingPulse, a macroeconomic report tracking national retail and services sales.