The move marries the two oldest department store retailers in North America, and will create an $8-billion (U.S.) merchandising powerhouse for the new buyer, NRDC Equity Partners of Purchase, N.Y. It will combine HBC's Bay, Zellers, Home Outfitters and Fields chains with NRDC's Lord & Taylor and Fortunoff, the jewellery and home decor chain.I have never ever heard of "Lord & Taylor".
Wednesday, July 16, 2008
Definite Loss of a Canadian Icon?
This one is different than this one, though.
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2 comments:
I don't know if I have heard of it either. And poop, there goes any reason to shop at Zellers instead of Walmart.
Well, technically, HBC has been owned by an American for a couple of years now.
That said, I'm surprised they're rebranding some stores. I've heard of Macy's, JC Penney, Target, all those stores ... but Lord & Taylor? Never.
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