No Business Is Safe When It Comes To Bankruptcy

Published on 04/13/2020
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Lord & Taylor

The oldest department store in America, Lord & Taylor, also had some difficulties. They shut down nine stores in 2019, including Fifth Avenue, New York City’s iconic flagship store. Some claim that the company’s conflict is primarily the shopping malls that have the majority of its outlets. Shopping centers are usually in danger, as we all know. Lord & Taylor collaborate with Walmart as a last resort.   

Lord & Taylor

Lord & Taylor

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Topshop

Back in 2009, the British fashion chain, Topshop, reached America and was warmly received. After about ten years in the Country, the company shuts down its physical stores, including those in cities such as Chicago, Los Angeles, and Miami. Although they don’t have any physical stores in the United States, you can still shop online and in most Nordstrom outlets.  

Topshop

Topshop

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