Lord & Taylor, Stein Mart, Pier 1 Imports and Motherhood Maternity don’t have physical stores in their future, but their new owners are betting they can unlock value from these well-known brands by recasting them as e-commerce players.
A handful of brand-acquisition and licensing companies are hoping the growth in online shopping that helped drive a record number of retailers into bankruptcy this year will also play a role in resurrecting these repackaged brands into online-only businesses.
Investors…
This post first appeared on wsj.com
