Lord & Taylor to close at Lakeforest Mall, lay off employees

Lord & Taylor to close at Lakeforest Mall, lay off employees

admin June 5, 2019

Originally posted by http://feeds.bizjournals.com/~r/industry_20/~3/2n9qAO95JXE/lord-taylor-to-close-at-lakeforest-mall-lay-off.html

Lord & Taylor will close at Gaithersburg’s Lakeforest Mall come September, the department store’s parent company, Hudson’s Bay Co., said Wednesday. 

The store is one of four department store anchors at the mall, which has struggled in recent years. 

Lord & Taylor filed a notice of layoffs Wednesday with the state of Maryland. There are about 75 employees in the store. Those employees will be offered severance packages and transfer opportunities to other stores where possible, according to…

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