200 Years of History Ends: Oldest Department Store in America Closes Its Doors

2020 will always be remembered as a year of great upheaval characterized

by the coronavirus epidemic, the sad loss of NBA icon Kobe Bryant, and

civic disturbance following the murder of George Floyd. Among these social

issues, the pandemic’s economic effects did terrible damage to numerous

sectors, including retail. Longstanding department businesses, already

under strain against the emergence of internet behemoths like Amazon,

faced impossible challenges. Among the most notable fatalities was America’s

oldest department store chain, Lord & Taylor, which announced closing

of all 38 surviving locations following over two centuries in operation…

 

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