Lord & Taylor

no-image

Biz fix: Will NRDC inject the Bay with some style?

In the money: NRDC Equity Partners, owner of the upscale American Lord & Taylor department store chain, finally achieved its goal of buying HBC. As a consumer I’m thrilled (in a guilty kind of way), mainly at the prospect of seeing my dowdy local Bay store get a facelift and start offering clothing brands I want to buy. I even like their pick for CEO. Today it was announced that Jeffrey Sherman, former president and COO of the Polo Retail Group, is the Bay’s new top gun. With experience overseeing the Polo stores internationally and looking after Club Monaco for a while, he might be able to inject the Bay with a little style.