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

    The retailer was acquired in 2019 by online clothing-rental startup called Le Tote. It joins a cascade of bankruptcies by major apparel stores, triggered by the doldrums of the coronavirus pandemic.
    by Alina Selyukh Aug 02, 2020 1 minute
    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. Sunday's filing comes

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