Monday, August 3, 2020

Lord & Taylor Is Bankrupt as Retail Rout Continues

Footwear News

Lord & Taylor is bankrupt. After months of speculation, the struggling department store chain as well as its parent company Le Tote today became the latest fashion players to file for Chapter 11 bankruptcy protection — in the U.S Bankruptcy Court in Richmond, Va. Bloomberg News first reported the move this evening.. . . more