Lord & Taylor
Lord & Taylor was one of the oldest stores since it was established in 1826. The original shop was located in Manhattan, and they advertised products like cloaks, shawls, and many more. However, many stores were closing one by one and even the New York City branch last January 2019. Lord & Taylor had a chance to survive the trials they were facing if there was no pandemic. Because of COVID-19, L&T had filed bankruptcy in August.
Lord & Taylor
A.C. Moore
A.C. Moore was a store that was well-known because of its generosity in giving coupons. The company said that they would go out of business in 2020. According to Anthony Piperno, the A.C. Moore’s CEO, “Unfortunately, given the headwinds facing many retailers in today’s environment, it made it very difficult for us to operate and compete on a national level.” A.C. Moore was also a store that had been in the industry since 1985.
A.C. Moore
