You are here

Hudson's Bay sells Lord & Taylor NY building

BT_20171026_UWSALE26_3147213.jpg

Toronto

CANADIAN department store operator Hudson's Bay Co (HBC) agreed to sell its Lord & Taylor flagship building in New York for US$850 million to WeWork, in what may be a step towards easing tensions with activist investor Jonathan Litt.

Both HBC executive chairman Richard...

sentifi.com

Market voices on: