Lord & Taylor files for bankruptcy, becoming the latest retail casualty of the coronavirus pandemic

(CNBC) Venerable U.S. retailer Lord & Taylor filed for Chapter 11 bankruptcy on Sunday, becoming the latest in a growing list of storied names to do so amid the ongoing coronavirus outbreak that has crippled the retail sector. The company estimated both assets and liabilities in the range of $100 million to $500 million, its filing in the U.S.

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