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Hudson's Bay sells Lord & Taylor for $ 100 million to Le Tote

Hudson's Bay sells Lord & Taylor for $ 100 million to the clothing rental subscription service Le Tote. The deal announced Wednesday will allow the department store chain to continue operations. The New York flagship store on Fifth Avenue and other stores closed earlier this year. Hudson's Bay Will Receive $ 99.5 Million ($ 75 Million) in Cash and $ …

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