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US department store chain Lord & Taylor and its Le Tote parent file for Chapter 11 bankruptcy

Lord & Taylor's flagship building was sold to shared-space WeWork. Image credit: GlobeSt Lord & Taylor's flagship building was sold to shared-space WeWork. Image credit: GlobeSt

 

Lord & Taylor, the oldest U.S. department store chain, and its Le Tote parent became the latest victims of the pandemic lockdowns by filing for Chapter 11 bankruptcy.