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Lord & Taylor

Lord & Taylor Closing All Its Stores After Nearly 200 Years In Business Lord & Taylor Closing All Its Stores After Nearly 200 Years In Business
Lord & Taylor Closing All Its Stores After Nearly 200 Years In Business Lord & Taylor, the first department store to be established in the United States, is going out of business, closing all its stores after a 194-year run. Reversing a decision announced last week to keep 14 stores open, the company announced on Thursday, Aug. 27 that all of its 38 remaining stores and website have begun liquidation sales.  Parent company Le Tote had filed for bankruptcy Sunday, Aug. 2. "While we are still entertaining various opportunities, we believe it is prudent to simultaneously put the remainder of the stores into liquidation to maximize value of inv…
Lord & Taylor Closing 24 Department Stores Mostly In CT, NY, NJ, MA Lord & Taylor Closing 24 Department Stores Mostly In CT, NY, NJ, MA
Lord & Taylor Closing 24 Department Stores Mostly In CT, NY, NJ, MA Department Store chain Lord & Taylor has announced the closure of 24 more of its stores - many of them located in Connecticut, New York, Massachusetts, and New Jersey. Lord & Taylor filed for Chapter 11 Bankruptcy in August. The retail giant, which was established in 1826, joins other chains that couldn’t survive the tragic COVID-19 economy. Other bigs that are closing shops across the country include J.C. Penny, Pier One, and Brooks Brothers. So far this year, 6,000 department stores in the U.S. have been permanently closed, according to Coresight Research. The local Lord & …
Lord & Taylor To Close Palisades Center Mall Store Lord & Taylor To Close Palisades Center Mall Store
Lord & Taylor To Close Palisades Center Mall Store The Lord & Taylor store in the Palisades Center Mall in West Nyack will close its doors after the holiday season, making it the second large retailer to exit the shopping mecca. The once behemoth luxury retailer has served shoppers at Palisades Center since 1998. The retailer’s departure follows J.C. Penney’s closure in June 2017. Clarkstown Councilman Donald Franchino confirmed the closure of the store, saying the center needs to diversify and become a mixture of retail and entertainment. "The Palisades is Clarkstown's largest taxpayer and our number one tourist attraction," Franchino…