After Nearly 200 Years, Lord & Taylor Goes Out of Business

A woman, who declined to give her name, pauses to take a photo of a sign outside Lord & Taylor's flagship Fifth Avenue store in New York, N.Y., on Jan. 2, 2019. Kathy Willens/AP Photo

NEW YORK—Lord & Taylor, one of the country’s oldest department store chains, is going out of business after filing for bankruptcy earlier this month.

The retailer was sold just a year ago for $100 million to Le Tote, a San Francisco online clothing rental company, by Canadian parent Hudson’s Bay Co.