Tag:

Retail Bankruptcy

4 Connecticut Lord & Taylors To Close; 150 People Face Layoffs 4 Connecticut Lord & Taylors To Close; 150 People Face Layoffs
4 Connecticut Lord & Taylors To Close; 150 People Face Layoffs Le Tote the company that purchased retailer Lord & Taylor has announced the closing of four Connecticut stores.* Le Tote is Lord & Taylor's parent company. About 150 Le Tote employees will lose their jobs when four Connecticut Lord & Taylors close, according to four WARN notices the company filed with the state’s Department of Labor. Under the U.S. Working Adjustment and Retraining Notification Act (WARN), most companies with 100 or more employees must alert the state when they are planning to close or impose mass layoffs.  Layoffs will begin on Dec. 1 and be cond…