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Lord & Taylor store at Eastview Mall to close

Lord & Taylor store at Eastview Mall to close Photo: Lord & Taylor / MGN Online.

WHECTV
Created: August 03, 2020 01:58 PM

ROCHESTER, N.Y. (WHEC/AP) — Lord & Taylor, America's oldest retailer, is seeking bankruptcy protection and preparing to close 19 stores, including the location at Eastview Mall.

Lord & Taylor, which began as a Manhattan dry goods store in 1824, was sold to the French rental clothing company Le Tote Inc. last year. Both filed for bankruptcy protection, separately, in the Eastern Court of Virginia on Sunday. Lord & Taylor says it's looking for a buyer.

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A full list of Lord & Taylor store closures can be found here.

Dozens of retailers, big and small, have filed for Chapter 11 protection this year. The pace through the first half of 2020 far exceeds the number of retail bankruptcies for all of last year. About two dozen stores have sought bankruptcy protection since the pandemic started.

Others include J. Crew, J.C. Penney, Neiman Marcus, Stage Stores, and Ascena Retail Group, which owns Lane Bryant in addition to Ann Taylor.


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