Lord & Taylor is expected to close at Moorestown Mall, and a Planet Fitness will open at the mall next spring.

Hudson's Bay Company sold Lord & Taylor this summer to San Francisco-based clothing subscription service Le Tote, Inc.

The company will acquire 38 additional Lord & Taylor stores.

There is no word on when the store is closing.

There are currently 12 locations across New Jersey.

Planet Fitness is expected to open next spring at the mall.