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The nearly 200-year-old department store Lord & Taylor is coming back to life, albeit with an entirely different business model.
Next year, the new owners of Lord & Taylor — an entity named Regal Brands Global — will unveil a website using the name of the storied retailer, and offer designer wares at discounted prices, BoF has learned. The inventory will be sourced from distributors.
The e-commerce store will also offer Lord & Taylor-branded products, which will be manufactured by…
