Lord & Taylor is closing its only remaining department stores in Illinois, at Woodfield Mall and Northbrook Court.
Lord & Taylor had already announced plans to shutter 19 stores, including the Northbrook store, when it filed for Chapter 11 bankruptcy protection earlier this month. The location in Woodfield Mall, in Schaumburg, was one of five additional store closures nationwide that were announced Thursday.
Clothing-rental startup Le Tote bought Lord & Taylor from Hudson’s Bay Co., which also owns Saks Fifth Avenue, just last year. Le Tote and Lord & Taylor said they are continuing to review offers for a potential sale of the company.
The closures will leave Lord & Taylor with just 14 stores. The department store left Chicago’s Magnificent Mile in 2006, but had four suburban locations until 2018.
It’s one of many struggling retailers that have sought bankruptcy protection during the pandemic, including department stores Neiman Marcus and J.C. Penney.