Lord & Taylor goes out of business,
ending a nearly 200-year-old legacy
Posted By: NorthernDog, 8/28/2020 2:36:46 PM
Lord & Taylor, one of the country's oldest department store chains, is going out of business after filing for bankruptcy earlier this month. The retailer was sold just a year ago for $100 million to Le Tote, a San Francisco online clothing rental company, by Canadian parent Hudson's Bay Co. Lord & Taylor will permanently close its remaining 38 stores and shut down its website, the company said Thursday. It is currently holding going-out-of-business sales in stores and online. Founded as a dry goods store in 1826, Lord & Taylor has struggled for years. But the pandemic has changed the
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Lord & Taylor, one of the country's oldest department store chains, is going out of business after filing for bankruptcy earlier this month. The retailer was sold just a year ago for $100 million to Le Tote, a San Francisco online clothing rental company, by Canadian parent Hudson's Bay Co. Lord & Taylor will permanently close its remaining 38 stores and shut down its website, the company said Thursday. It is currently holding going-out-of-business sales in stores and online. Founded as a dry goods store in 1826, Lord & Taylor has struggled for years. But the pandemic has changed the
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Member (Video) 42 replies
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Member (Video) 42 replies
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Comments:
194 years is quite a run. But with internet shopping and COVID, they were doomed.