Lord & Taylor files for bankruptcy protection

  • By cvbizz
  • August 2, 2020
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via wyff.com

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Becoming the latest of many retailers to declare bankruptcy during the coronavirus pandemic, department store Lord & Taylor has filed for Chapter 11.The company filed for Chapter 11 bankruptcy protection Sunday, according to court documents.The bankruptcy comes almost a year after fashion rental subscription service Le Tote, Inc. bought the company for $75 million. Before that, Hudson’s Bay Company acquired Lord & Taylor in 2012.Related

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