Consumer goods

HBC closes sale of Lord + Taylor to VC-backed Le Tote

Canadian retailer Hudson’s Bay Co has closed its previously announced sale of department store chain Lord + Taylor to Le Tote Inc, a San Francisco-based fashion rental subscription service. The purchase price was C$99.5 million (US$75 million). As part of the deal, Le Tote has acquired the Lord + Taylor brand and related intellectual property as well as the operations of 38 stores, Lord + Taylor digital channels and the associated inventory. Le Tote's backers include Andreessen Horowitz, Azure Capital Partners, GV, Lerer Hippeau Ventures, Sway Ventures and Y Combinator.

Lawn care company Sunday fetches $6 mln Series A

Sunday, a direct-to-consumer lawn care company, has secured $6 million in Series A funding. Tusk Venture Partners led the round.

Wind Point exits Evans Food Group

Wind Point Partners said Aug. 5 that it sold Evans Food Group to Highlander Partners. Financial terms weren’t announced. Evans, of Chicago, produces and sells a portfolio of finished pork rinds and pork rind pellets to customers in the U.S., Canada and more than ten countries across Latin America.