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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 & …
