Following the acquisition of Lord & Taylor by Hudson Bay Co. (HBC), Brendan Hoffman is leaving the department store retailer to join The Bon-Ton Stores Inc. (Milwaukee) as president and ceo, reports Women’s Wear Daily.
The current president and ceo of Lord & Taylor will join Bon-Ton on February 7, succeeding Bud Bergren, who will continue as chairman.
Bon-Ton operates 276 stores in 23 states under the banners Bon-Ton, Bergner’s, Boston Store, Carson Pirie Scott, Elder-Beerman, Herberger’s, Younkers and Parisian.
Hoffman’s discontentment with his changing responsibilities at Lord & Taylor drove his decision to move on, according to the WWD article. This week, HBC announced a management restructuring naming Bonnie Brooks president of the company.
“I’m incredibly proud of the results” at Lord & Taylor, Hoffman told WWD. “We just had another terrific year, refinanced our loan and everything worked out well.”