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Lord & Taylor will close its Natick Mall store after filing for bankruptcy on Sunday and has begun a liquidation sale.
The department store's closure will be the latest in a series for the Natick Mall, which has lost Sears as an anchor tenant and has another anchor, Neiman Marcus, that filed for bankruptcy in May.
Lord & Taylor has also begun a liquidation sale at its Prudential Center location in Boston, according to its website. The retailer has other Massachusetts locations at the Burlington Mall and South Shore Plaza in Braintree.
Lord & Taylor is one in a group of notable retailers to file for bankruptcy since the coronavirus pandemic began, along with J. Crew, JCPenney, GNC, Brooks Brothers and Tailored Brands Inc., the parent company of Men’s Wearhouse and Jos. A. Bank.
For the Natick Mall, Lord & Taylor will join a growing list of departed tenants in the past few years, along with American Girl, Gymboree and Brookstone. A former JCPenney location at the mall was turned into a Wegmans grocery store in 2018, and part of the former Sears has become a Dave & Buster's.
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Worcester Business Journal presents a special commemorative edition celebrating the 300th anniversary of the city of Worcester. This landmark publication covers the city and region’s rich history of growth and innovation.
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