Lord & Taylor closing Annapolis store
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Title : Lord & Taylor closing Annapolis store
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Title : Lord & Taylor closing Annapolis store
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news-today.world | The Lord & Taylor in Annapolis, one of two of the luxury department store chain's remaining locations in the Baltimore area, plans to close next year.
The closure of the store at the Westfield Annapolis shopping mall will result in the loss of 141 jobs, according to the state's labor department and the company. The store will shutter between April 15-28.
"Through the regular course of business we continually evaluate opportunistic transactions with our real estate assets and, from time to time, may determine it necessary for the overall business to close a store," Lord & Taylor's parent company, Hudson Bay Co., said in a statement. "These decisions are never easy, but they are prudent for the company, strategically and financially, and we are committed to offering support and assistance to our team affected by the closing."
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The closure of the store at the Westfield Annapolis shopping mall will result in the loss of 141 jobs, according to the state's labor department and the company. The store will shutter between April 15-28.
"Through the regular course of business we continually evaluate opportunistic transactions with our real estate assets and, from time to time, may determine it necessary for the overall business to close a store," Lord & Taylor's parent company, Hudson Bay Co., said in a statement. "These decisions are never easy, but they are prudent for the company, strategically and financially, and we are committed to offering support and assistance to our team affected by the closing."
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You are now reading the article Lord & Taylor closing Annapolis store With link address https://newstoday-ok.blogspot.com/2017/11/lord-taylor-closing-annapolis-store.html