Pedestrians walk past a shuttered Lord and Taylor department store following their filing for bankruptcy amid the COVID-19 pandemic in Garden City, N.Y., on May 12, 2020. (Bruce Bennett/Getty Images)
Becoming the latest of many retailers to declare bankruptcy during the coronavirus 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. bougRead More – Source