Lord & Taylor bankruptcy rumors started swirling this week after Reuters reported that the retailer plans to liquidate all inventory when its stores reopen. The report has yet to be confirmed, but locals already are speculating about the fate of the White Flint property if Lord & Taylor indeed goes out of business. The venerable department store chain was sold last year to Le Tote, a clothing rental company that had pledged to bring back its elegant reputation. The pandemic, of course, has changed everything. The White Flint Lord & Taylor store, which has been the subject of much litigation over the years, is one of 38 remaining locations nationwide. Stay tuned to Store Reporter for what’s next.
