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Saturday, nov 9
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Hudson’s Bay Company
Business
Lord & Taylor To Close Palisades Center Mall Store
The Lord & Taylor store in the Palisades Center Mall in West Nyack will close its doors after the holiday season, making it the second large retailer to exit the shopping mecca. The once behemoth luxury retailer has served shoppers at Palisades Center since 1998. The retailer’s departure follows J.C. Penney’s closure in June 2017. Clarkstown Councilman Donald Franchino confirmed the closure of the store, saying the center needs to diversify and become a mixture of retail and entertainment. "The Palisades is Clarkstown's largest taxpayer and our number one tourist attraction," Franchino…
Business
Card Data Stolen From 5 Million Lord & Taylor, Saks Fifth Avenue Customers
Two of the nation's premier department stores suffered a security breach that has compromised credit and debit card as well as personal information for more than five million customers. About 125,000 cards used at Lord & Taylor and Saks Fifth Avenue have been released for sale so far on dark web forums, according to Gemini Advisory, a New York-based cyber-security firm. For a notice about the breach published by Gemini Advisory, click here. A spokesman for the Hudson's Bay Company, which owns both chain stores, confirmed the breach and released separate statements for customers of both…