The Washington Times, January 13th, 2006
Byline: Jen Haberkorn, THE WASHINGTON TIMES
Federated Department Stores Inc. announced yesterday it plans to sell its Lord & Taylor division, likely eliminating another chain of stores acquired in its August purchase of May Department Stores Co.
Lord & Taylor has stores in nine area shopping malls, including Tysons Corner Center, Columbia Mall, White Flint, Mazza Gallerie, Fair Oaks Mall and Lake Forest Mall.
"After a thorough review, we have concluded that Lord & Taylor does not fit with our strategic focus for building the Macy's and Bloomingdale's national brands," said Terry J. Lundgr...
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