Lord & Taylor, Oldest U.S. Department Store, Files For Bankruptcy

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Lord & Taylor, Oldest U.S. Department Store, Files For Bankruptcy
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Lord & Taylor, the oldest U.S. department store chain, has joined the cascade of retailers tumbling into bankruptcy during the coronavirus pandemic.

A woman walks out of Lord & Taylor's flagship store in Manhattan in June 2018, before the location was closed and the building was sold in 2019.A woman walks out of Lord & Taylor's flagship store in Manhattan in June 2018, before the location was closed and the building was sold in 2019.Lord & Taylor, the oldest U.S. department store chain, has joined the cascade of retailers tumbling into bankruptcy during the coronavirus pandemic.

Lord & Taylor had struggled to revive its relevance with shoppers for years. Last year, San Francisco-based Le Tote

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