Lord & Taylor

retaildive | November 20, 2017

Walmart was rewarded handsomely by Wall Street last week after posting a stratospheric 50% increase in third-quarter e-commerce sales. Investors — partial to any sign that a legacy retailer is flexing muscles online in the shadow of Amazon’s massive disruption machine — sent shares up more than 10% after the report, its best showing in nearly a decade....

retaildive | May 06, 2019

HBC on Monday announced it is "pursuing strategic alternatives for the Lord + Taylor operating business, including a possible sale or merger."HBC has retained PJ Solomon as its financial adviser for the review of the Lord & Taylor operating business, according to a company press release. "Throughout the review, Lord + Taylor remains committed to serving customers across our stores and digital channels," HBC CEO Helena Foulkes said in a statement.Lord & Taylor in 2018 ...

cityam | January 18, 2020

Shopping centre landlord Intu is preparing to launch an attempt to raise £1bn in emergency funding following a torrid year for the UK retail industry. The property firm, which owns Manchester’s Trafford Centre, has been hurt by the challenges facing the retail industry, as brands such as Topshop, Debenhams and House of Fraser have closed stores or sought rent reductions. The rights issue is expected to be launched with the firm’s full-year results at the end of next month or sh...

fxstreet | January 16, 2020

Thursday's US economic docket highlights the release of monthly retail sales figures, scheduled at 13:30 GMT. Consensus estimates point to modest growth of 0.3% for December as compared to the previous month's 0.2% increase. Sales excluding automobiles (core retail sales) are seen rising by 0.5% during the reported month as against a dismal 0.1% growth recorded in November. Meanwhile, the closely watched Retail Sales Control Group is expected to rise by 0.4% following a 0.1% increase in ...