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Lord & Taylor may go up for sale

In another sign of the separation between haves and have-nots in retail, Lord & Taylor's owner said it would consider selling the iconic department store chain.

Lord & Taylor is closing its 5th Ave store

Looking for another sign of how tough it is in the world of retail? The century-old Lord & Taylor store on New York's Fifth Avenue,is going to shut down next year and become a WeWork space.