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Lord & Taylor Is Returning to New York City With a Mini Store

Bloomberg business news
Keys to Survival for Luxury Retail in New York

Lord & Taylor began 2019 by closing its massive New York store after more than a century in business. It will end the year by opening a tiny new one.

The department store will return to Manhattan this holiday season as a temporary shop, according to a person familiar with the matter who asked not be identified because the plans haven’t yet been announced. This will give Le Tote -- the company’s new owner -- a chance to re-connect with customers in the middle of the busy holiday shopping season.