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FILE - In this June 6, 2018, file photo the Lord & Taylor logo is seen next to a mannequin in a window display at their flagship store on Fifth Avenue in New York. Lord & Taylor, one of the country’s oldest department stores, may be sold as its owner considers its options. Hudson's Bay Co., which also owns Saks Fifth Avenue, says it hired a financial adviser to review Lord & Taylor’s business and that the process may lead to a sale or merger. (AP Photo/Mary Altaffer, File)

FILE - In this June 6, 2018, file photo the Lord & Taylor logo is seen next to a mannequin in a window display at their flagship store on Fifth Avenue in New York. Lord & Taylor, one of the country’s oldest department stores, may be sold as its owner considers its options. Hudson's Bay Co., which also owns Saks Fifth Avenue, says it hired a financial adviser to review Lord & Taylor’s business and that the process may lead to a sale or merger. (AP Photo/Mary Altaffer, File)

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