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Hudson’s Bay Looks to Put Troubled Lord & Taylor on the Block

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The retailer said Monday that it is pursuing ‘strategic alternatives’ for the U.S. chain as part of its strategy to focus on bigger opportunities Hudson’s Bay Co. is considering selling its troubled U.S. Lord & Taylor department-store chain. The Toronto-based retailer, whose chains include its namesake and Saks Fifth Avenue, said on Monday it is pursuing “strategic alternatives” for Lord & Taylor, among them a possible sale or merger as part of its strategy to focus on its biggest opportunities...

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