Monday, August 3, 2020

Lord & Taylor, nation's oldest department chain, files for bankruptcy

The pandemic has claimed another struggling retail chain, this one with origins dating back nearly 200 years. Luxury department store chain Lord & Taylor has filed for Chapter 11 bankruptcy along with its owner, Le Tote Inc., The Wall Street Journal reports. Lord & Taylor’s roots date to 1826 and it is considered the oldest department store in the country. It has 38 stores across the nation, including two in Maryland — one at the Mall in Columbia and one at White Flint in Kensington in Montgomery…



from https://www.bizjournals.com/baltimore/news/2020/08/03/lord-and-taylor-files-for-bankruptcy.html?ana=RSS&s=article_search
via https://baltimorecheckbook.tumblr.com/post/625442625107918848

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