Lord & Taylor: Bankruptcy

Video Credit: Wochit News
Published on August 3, 2020 - Duration: 00:37s

Lord & Taylor: Bankruptcy

New York (CNN Business) Becoming the latest of many retailers to declare bankruptcy during the coroanvirus 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.


You are here

Related videos from verified sources

Lord & Taylor Is Going Out Of Business 00:19
Video credit: WBZ CBS Boston - Published on August 28, 2020 

Lord & Taylor Closing All Stores After Filing For Bankruptcy Back In August 00:15
Video credit: CBS4 Miami - Published on August 27, 2020 

Retail Lord And Taylor Closing All Remain Stores 00:19
Video credit: WJZ Baltimore - Published on August 27, 2020 

You might like