Despite nearly $52 million in losses, the company sees strength in its digital and international businesses.

The venerable regional department store, once among the most fashionable in the nation, failed to keep up with the times and had performed poorly for decades.

Le Tote, the bankrupt parent company of L&T, continues to seek a buyer as Lord & Taylor liquidates stores.

The off-price department store said it will likely close all of its 281 brick-and-mortar locations.

Tailored Brands and Le Tote with Lord & Taylor join the list of firms tripped up by dealmaking and now in Chapter 11.

The subscription service bought the department store last year in a novel deal that didn’t hold up to the coronavirus.

The real estate investment trust hopes to have all of its properties open by mid-June. Meanwhile, only about 26 percent of tenants paid April rent.

The venerable department store has long been an underperformer in the sector.

The company will open a Lord & Taylor pop-up in Manhattan’s SoHo as the first step in the reinvention of the department store retailer.

HBC now holds an equity stake of approximately 25 percent in Le Tote, and a right to designate two members to Le Tote’s board.

Revisit some of the biggest news stories from this year so far.

The collection marks the intimates company’s first influencer-design collaboration.

The retail giant is embracing trends as never before.

The deal creates a new business model for America’s oldest department store.

The $75 million deal leaves Lord & Taylor’s 38 remaining stores and web site afloat.