Beginning with the untimely death of NBA star Kobe Bryant, 2020 quickly went off the rails with the coronavirus pandemic and the civil unrest following the murder of George Floyd.
Advertisement:As the economy struggled to survive the downturn from the pandemic, retailers (including some that are about as old as America herself) struggled as people turned to Amazon and other online stores to get goods delivered to them via the United States Post Office or UPS.
Now, Lord & Taylor – America’s oldest department store chain – is set to close all of its stores after being in business for nearly two hundred years.
Because the economy has crushed this American business, which was sold to a French company last year, it will close all of its 38 stores in a desperate liquidation sale.
This was a change since it filed for Chapter 11 bankruptcy, deciding, at the time, to keep fourteen locations open.
Advertisement:Advertisement:
Thanks for your SHARES!
I overheard my husband telling his friend he’s with me for my money – The lesson I taught him was harsh
Football Player Chance Gainer, 18, Collapses on Field and Dies: Tragic Details
I Accidentally Overheard My Husband’s Family’s Intentions for Me – I Decided to Outsmart Them All
My Parents Moved My Brother’s Things Into My New House While I Was on Vacation – It Was High Time I Brought Them Back to Earth
Andrea Bocelli reveals desire to work with Taylor Swift to impress daughter Virginia, 12, as he says a duet with the pop megastar ‘could be a great thing’
How to restore your old burnt pan without spending 1 euro? Natural and inexpensive tips