Business & Tech
Lord & Taylor Closures To Cost Hundreds Of Jobs On Long Island
New filings with the state show the impact that the closure of Long Island's four Lord & Taylor stores will have.
LONG ISLAND, NY — In August, retailer Lord & Taylor announced its bankruptcy and the plan to close its four remaining Long Island locations. Now, new filings with the state show just how many jobs will be lost.
Lord & Taylor's parent company, Le Tote, Inc., also filed for bankruptcy alongside the retailer. The chain will be closing its Long Island stores in Garden City, Manhasset, Huntington Station and Bay Shore.
In filings with the state Department of Labor, the chain revealed that the closures will cost 267 jobs. The majority of those — 101 of them — are from the Garden City location. The layoffs are expected to occur at the end of the year.
Interested in local real estate?Subscribe to Patch's new newsletter to be the first to know about open houses, new listings and more.
Lord & Taylor is one of the oldest department stores in America: it was founded nearly 200 years ago in 1826. The company, which had seen falling sales in recent years, was purchased by online fashion company Le Tote in 2019. But the closures caused by the coronavirus were the final nail in the company's coffin.
Get more local news delivered straight to your inbox. Sign up for free Patch newsletters and alerts.