Venerable U.S. retailer Lord & Taylor plans to liquidate inventory in its 38 department stores once restrictions to curb the spread of coronavirus are lifted as it braces for a bankruptcy process from which it does not expect to emerge, people familiar with the matter said on Tuesday.>>> Read more here>>>https://www.nytimes.com/reuters/2020/05/05/business/05reuters-lord-taylor-liquidation-exclusive.html
Source: NY Times
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