Lord & Taylor going out of business - Corona - 1, L&T - 0

[ComeoutandJULAY]

https://www.usatoday.com/story/money/2020/08/27/lord-taylor-liquidation-sales-closing-all-stores/5643258002/

https://archive.vn/q99F4

Lord & Taylor going out of business: Store closings, liquidation sales begin

Luxury department store chain Lord & Taylor is going out of business.

The company, which was acquired in 2019 by fashion rental subscription service Le Tote, said Thursday that it would close all of its 38 stores. The retailer had filed for Chapter 11 bankruptcy protection Aug. 2 in a move that analysts viewed as a likely step toward liquidation.

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full story in the link

 

[MrJokerRager]

I am too much of a pleb to understand why is this important?.

 

[NOT Sword Fighter Super]

I've never even walked inside an L&T. Our local mall has one and it just looks too snooty.

 

[albert chan]

I used to work at a Bloomingdales and I’m surprised to see that they’re still open since L&T is closing for good. While I hate to see people lose their jobs and try hard to search for employment, it just goes to show that forcing people out of business (whether through a pandemic or literal rioting) is never going to lead to anything good.

 

[Buttigieg2020]

I am too much of a pleb to understand why is this important?.

Physical retail is dead, unless you like Walmart.

 

[The Last Stand]

At least they haven't burned down.

 

[XYZpdq]

I didn't realize they had still been in business.

 

[NOT Sword Fighter Super]

At least they haven't burned down.

It might be time though...for a fire sale.

I didn't realize they had still been in business.

Neither did anybody else, apparently.

 

[From The Uncanny Valley]

Still sucks to see retail go.

 

[корона-тян]

Sucks to see it go. It was good for formal clothes that weren't Brooks Brothers level of snoot, but still presentable for a business environment.

 

[Reverend]

Malls are dead, shopping in person is dead. Those places that people once went to to buy things and browse multiple stores at once are going the way of the dinosaurs.

 

[wtfNeedSignUp]

I thought it was about the two singers.

 

[UselessIdiot]

I didn't realize they had still been in business.

I always get them mixed up with Bergdorf Goodman, although neither have ever had locations in my state.

 

[NOT Sword Fighter Super]

Still sucks to see retail go.

Sucks to see it go. It was good for formal clothes that weren't Brooks Brothers level of snoot, but still presentable for a business environment.

Malls are dead, shopping in person is dead. Those places that people once went to to buy things and browse multiple stores at once are going the way of the dinosaurs.

Corona is the most effective accelerant.

 

[sasazuka]

Physical retail is dead, unless you like Walmart.

I've never heard of this particular chain (I don't think they have it in Canada) but I'm someone who's not comfortable buying clothes online simply because I need to see and touch it in person before I'm comfortable that I'm not buying a shoddy product (and also because I'm just autistic enough to not like the feel of certain textures).

 

[From The Uncanny Valley]

I've never heard of this particular chain (I don't think they have it in Canada) but I'm someone who's not comfortable buying clothes online simply because I need to see and touch it in person before I'm comfortable that I'm not buying a shoddy product (and also because I'm just autistic enough to not like the feel of certain textures).

plus I hate paying for shipping

 

[The Pink Panther]

Every mall I've ever been too has had a Lord & Taylor. I recognize that logo from anywhere.

Tis' sucketh to see it go.

 

[Fanatical Pragmatist]

On one hand, lol ritzy clothing store goes under who gives a fuck.

On the other hand, the people behind the lockdown deserve one bullet for every business to go under as a result of their sacrificial policies (*in Minecraft)

 

[Standardized Profile]

Did Lord & Taylor go up market in the last couple of decades, or do I have a completely warped idea of "snooty" and "ritzy?" I haven't been to one in ages. When I was a kid, it was the kind of place you'd go for church clothes, maybe first day of school clothes. We were never snooty or wealthy. Sometimes we went to K-Mart, sometimes we went to Lord & Taylor.

I remember one time a security guard killed a black shoplifter in the parking lot. Jesse Jackson flew out, discovered the security guard was also black, then flew home. There might be more nuances than that, but my unnuanced memory makes for the better story.

 

[whatever I feel like]

Oh no, now what will I do when forced to not buy things for 8+ times their build cost.