Lord & Taylor, Men’s Wearhouse file for bankruptcy

Lord & Taylor and the owner of Men’s Wearhouse have fallen victim to the coronavirus, with the retailers filing for bankruptcy this weekend. Lord & Taylor, a department store chain whose roots go back to nearly two centuries, was acquired last year by the clothing rental start-up Le Tote for $100 million. But both companies filed for Chapter 11 bankruptcy protection Sunday, the New York Times reported. The department chain operated 38 stores, which have

source https://therealdeal.com/2020/08/03/lord-taylor-mens-wearhouse-file-for-bankruptcy/