The parent company of Lord & Taylor is buying Luxury retailer Saks for about $2.4 billion. The news comes a little more than a month after reports surfaced that Hudson's Bay was interested in buying Saks.
RecommendedRecent Facebook Activity
Only On 7
ABC7 is giving you MORE news in your afternoons with an extra hour, an hour earlier! Join ABC7's Leon Harris and Alison Starling for what's trending in your community and world. Every weekday afternoon at 4pm right after "The Queen Latifah Show" at 3pm on ABC7.