Shebudgets
Lord & Taylor
Lord & Taylor has been around since the early 1800s and has been supplying Americans with high-end luxury clothing for years. The company has been able to survive for almost 200 years but is in pretty bad shape as the company announced that it would be closing down a significant portion of its stores.
Amazingly, Lord & Taylor was able to survive through the pandemic but has recently announced that it would be closing down more stores by the end of the year and focusing on online sales from now on. Lord & Taylor has the chance now to celebrate its 200th anniversary.