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NRDC Equity acquires retail chain Lord & Taylor
23 Jun '06
3 min read
Goldman Sachs, JPMorgan and the law firm of Jones Day represented Federated.
NRDC Equity Partners is an affiliate of National Realty & Development Corp., the owners and developers of over 14 million square feet of shopping centers throughout the United States. National Realty & Development Corp. is a privately-held company that has been in business for over 40 years and has built a reputation and long-standing relations with the strongest retailers in the industry today. NRDC acquires operating companies where it can assist in real estate strategy.
Lord & Taylor is a fashion retailer with 41 stores along the Northeast corridor and seven stores in Illinois and Michigan. Lord & Taylor has built a reputation for attentive customer service and high quality merchandise with apparel and accessories products for women, men and children.
Founded in 1826, Lord & Taylor was acquired by the May Department Stores Company in 1986. On August 30, 2005, Federated Department Stores acquired Lord & Taylor as part of its merger with May Department Stores Company.
NRDC Equity Partners is an affiliate of National Realty & Development Corp., the owners and developers of over 14 million square feet of shopping centers throughout the United States. National Realty & Development Corp. is a privately-held company that has been in business for over 40 years and has built a reputation and long-standing relations with the strongest retailers in the industry today. NRDC acquires operating companies where it can assist in real estate strategy.
Lord & Taylor is a fashion retailer with 41 stores along the Northeast corridor and seven stores in Illinois and Michigan. Lord & Taylor has built a reputation for attentive customer service and high quality merchandise with apparel and accessories products for women, men and children.
Founded in 1826, Lord & Taylor was acquired by the May Department Stores Company in 1986. On August 30, 2005, Federated Department Stores acquired Lord & Taylor as part of its merger with May Department Stores Company.
Lord & Taylor
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