The Latest
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After Nearly 200 Years, Lord & Taylor Goes Out of Business
Lord & Taylor, one of the country’s oldest department store chains, is going out of business after filing for bankruptcy earlier this month. The retailer was sold just a year ago for $100 million to Le Tote, a San Francisco online clothing rental company, by Canadian parent Hudson’s Bay Co. Lord & Taylor will permanently close its remaining 38 stores…
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Gone in a New York Minute: How the Amazon Deal Fell Apart
Immediately after Amazon’s Nov. 12 announcement, criticism started to pour in.
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Snacks on Wheels: PepsiCo Tests Self-Driving Robot Delivery
PepsiCo says it will start making deliveries with self-driving robots on Thursday at the University of the Pacific in Stockton, California. Students will be able to order Baked Lay’s, SunChips or Bubly sparkling water on an app, and then meet the six-wheeled robot at more than 50 locations on campus.