Lord & Taylor

Christopher & Banks Files for Chapter 11; Could Close All 450 Stores

Citing ongoing financial distress from the pandemic, specialty women’s apparel retailer Christopher & Banks has filed for Chapter 11 protection in the…

Amazon Pours $1.4 Billion Into Tech Hubs, Expands Phoenix Fulfillment Operations

Amazon plans to invest $1.4 billion in Tech Hubs in Dallas, Detroit, Denver, New York City, Phoenix and San Diego, creating a…

Stein Mart Files For Chapter 11, Considers Closing All 281 Stores

In filing for bankruptcy protection, discount department store Stein Mart has raised the possibility of closing “a significant portion, if not all,…

WSJ Report: Amazon And Simon In Talks To Turn Vacant Mall Anchors Into DCs

Space vacated by JCPenney, Sears and other anchor retailers in Simon Property Group malls could be turned into Amazon distribution centers, according…

Lord & Taylor, Men’s Wearhouse Parent Declare Bankruptcy

Two retailers that have been on bankruptcy watch — Lord & Taylor and Tailored Brands — submitted their Chapter 11 filings on…

Macy’s Cuts 3,900 Corporate Jobs In Cost Restructuring Effort

Macy’s will reduce its corporate and management headcount by approximately 3,900 people as part of a cost restructuring expected to save approximately…

Reuters: Lord & Taylor Preparing To Liquidate Stores, File For Bankruptcy

Lord & Taylor reportedly plans to liquidate inventory across its 38 remaining locations once its stores reopen, people familiar with the matter…

Mall Recovery Report: Quick Rebound Or Long-Term Struggle?

Even before COVID-19 dealt a body blow to “non-essential” physical retailers, malls were experiencing significant business headwinds — particularly in the “B”…