The Year That Just Keeps Taking…

COVID-19 has decimated retail. Since the beginning of May American retailers Neiman MarcusJ. CrewJ.C. PenneyBrooks Brothers, Ann Taylor and now Lord and Taylor have all filed for Chapter 11 bankruptcy to shed debt and break expensive leases for their stores. Lord & Taylor’s roots date back to 1826 – the oldest department store in the U.S. and has been famous for its holiday windows since 1938.

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