We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Get real

24 October 2017 By Ben Kellerman

The C$2.2 bln department-store owner is selling Lord & Taylor’s New York building for $850 mln to WeWork. It may not satisfy activist Jonathan Litt, who’s waging a proxy fight for bolder steps. But with retail in retreat, the firm is conceding it needs to monetize its property.

This content is for Subscribers only

To access full Breakingviews.com content you must be a subscriber. Please use the following link to request a trial.


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)