The sale of the department store’s flagship Fifth Avenue building marks the end of shopping as fun, and the rise of work as a way of life.
NYS Entity Status
NYS Filing Date
SEPTEMBER 15, 2014
NYS DOS ID#
NYS Entity Type
FOREIGN BUSINESS CORPORATION
2014 - LORD & TAYLOR ACQUISITION INC.
Around the Web
- Big City: Lord & Taylor, WeWork and the Death of Leisure
By GINIA BELLAFANTE - Friday Oct 27, 2017
- WeWork buys Manhattan Lord & Taylor building
By Associated Press - Tuesday Oct 24, 2017
Lord & Taylor’s flagship store in Manhattan, known for its holiday displays along Fifth Avenue, is being sold to office space sharing company WeWork. The nearly 100-year-old building will be converted to WeWork headquarters, with less than a quarter of the space remaining for a Lord & Taylor store. Ten of the building’s 11 floors are now devoted to retail. WeWork attracts Millennials who are looking to share office space, consumers that Lord & Taylor owner Hudson’s Bay and other department stores want to attract. So executives hope that the WeWork members going in and out of the building will be shopping.
- Lord & Taylor Store, Icon of New York Retail, Will Become WeWork Offices
By MICHAEL J. de la MERCED and MICHAEL CORKERY - Tuesday Oct 24, 2017
A sign of pressures facing retailers, a deal is an acknowledgment that even grand shopping spaces of old may now be more valuable as offices.
- Lord & Taylor selling flagship Fifth Avenue store to WeWork
By ANNE D'INNOCENZIO, AP Retail Writer - Tuesday Oct 24, 2017
NEW YORK (AP) — Lord & Taylor's flagship store in Manhattan, known for its holiday displays along Fifth Avenue, is being sold to the office space sharing company WeWork.The nearly 100-year-old building will be converted to WeWork headquarters, with less than a quarter of the space remaining for a Lord & Taylor store. Right now, 10 of the building's 11 floors are devoted to retail.WeWork attracts millennials who are looking to share office space, a consumer segment that Lord & Taylor owner Hudson's Bay and other department stores want to attract. So store executives expect the stores to benefit from WeWork members going in and out of the building, and hopes they'll be shopping.
- WeWork is buying Lord & Taylor’s Fifth Avenue flagship
By Lisa Fickenscher - Tuesday Oct 24, 2017
Lord & Taylor’s flagship store on Fifth Avenue is getting sold to WeWork, the New York-based tech unicorn that markets shared office space. Hudson’s Bay, the owner of Lord & Taylor and Saks Fifth Avenue, is selling the century-old Lord & Taylor flagship for $850 million, the companies announced on Tuesday. WeWork will convert the...
- NY AG presses TransUnion, Experian for cybersecurity details
By DAVID KLEPPER, Associated Press - Tuesday Sep 19, 2017
ALBANY, N.Y. (AP) — New York Attorney General Eric Schneiderman is pressing TransUnion and Experian to explain what cybersecurity they have in place to protect sensitive consumer information following a recent breach at Equifax that exposed the data of 143 million Americans.In letters to executives at the two credit monitoring companies, the Democratic attorney general asked them to describe their existing security systems as well as what changes they've made since the Equifax cyberattack."The unprecedented data breach experienced by Equifax Inc.